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Updated over 1 year ago,
Purchasing and owning duplex by 2 different individuals without LLC
Hello There,
I with my friend is looking to purchase / place order for duplex with individual ownership. Just want to confirm if that is possible to begin with without going LLC route.
All I am looking to know whether it is possible or not, if so are their any implication like getting separate loans, individual tax filings, later selling them separately etc or terms associated with repairing common area etc (something like HOA if needed) that i should be keep in mind.
Thanks