TaxGuyBill
Level 15
09-14-2024
02:52 PM
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Interesting. Maybe it varies by state.
In my State (Minnesota), from what I've researched "Joint Tenancy" (which is by far the most common form of ownership that I've seen), each party is considered as owning 100%. Yes, owning 100% (not just the right to use 100%).
But maybe other states are different.