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Tips For Managing A Co-Owned Property

Sharing the ownership of an investment property can be a great way for first-time investors to enter the market.

Tips For Managing A Co-Owned Property

Sharing the ownership of an investment property can be a great way for first-time investors to enter the market. Property co-ownership allows you to divide not only the purchase costs but also the maintenance expenses moving forward. However, while joint ownership has plenty of benefits, there are a couple of risks you should be aware of before going down this path.

Know the definition of co-ownership

In general terms, co-ownership is when two …