QCD is for 50% intetest in property as Joint Tenants.Since day 1, we have each claimed 50% of the income, expenses, and depreciation on our tax returns.So I guess we are required to each claim 50% of Cap Gains on our tax returns.

Oh—and he somehow “forgot” to pay $40,000 in taxes and we had to enter into a repayment plan with the IRS that became a joint responsibility following the divorce.Many of my problems were of my own making.

I have never painted brick but I would think the hardest part would be to get good coverage...you’d need a really fluffy roller to get the mortar joints.

However, if the tenant sues for any violation of the RLTO, section (e) goes on to state that the "well-known company" remains:"jointly and severally liable with the successor landlord to the tenant for such security deposit or prepaid rent, unless and until such transferor transfers said security deposit or prepaid rent to the successor landlord and provides notice, in writing, to the tenant of such transfer of said security deposit or prepaid rent, specifying the name, business address and business telephone number of the successor landlord or his agent within ten days of said transfer."

Could be related to misreported accounts, credit report errors, identity theft, divorce that included joint accounts, or even legitimate accounts that had been settled or could be paid off quickly.We've had terrific long term tenants who messed up their credit history and were forced to become long-term renters since they would never qualify for a home mortgage. 

I would start out as a joint venture with someone who is willing to let you learn while you earn.

You can probably just set up a joint venture agreement.

Perhaps if we had self managed, but it was complicated since it was jointly owned, so somebody would have had to be paid to manage.

Life, liberty and the pursuit of happiness is all anyone who takes a drink or smokes a joint has ever tried to do.

Is there a benefit ( as it relates to credit score) to getting a commercial loan as guarantor vs. getting a residential loan as joint owners?