If you were going to purchase a house with your significantother but you do...

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Accounting

If you were going to purchase a house with your significantother but you do have children, would you elect joint tenants ortenants in common, and why would you pick that type of concurrentownership? Would your answer change if your significant other wasnot the father of your children? Explain.

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Answer For the individuals who need to claim a home with another person owning a house is generally a smart thought for a first time purchaser However joint possession can restrain your choices Regardless of whether you need to offer proprietorship to See Answer

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In: AccountingIf you were going to purchase a house with your significantother but you do have...If you were going to purchase a house with your significantother but you do have children, would you elect joint tenants ortenants in common, and why would you pick that type of concurrentownership? Would your answer change if your significant other wasnot the father of your children? Explain.