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The time now is 08/29/08 - 19:13

Does joint owning let property with my wife saves us tax money?


RealCool.BIZ Forum Index -> Tax -> Tax Planning / Exemption Investigations

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sascha
Apprentice


Joined: 12 Jan 2004
Posts: 10



PostPosted: 01/26/08 - 08:51    Post subject: Reply with quote

Hello, guys. My wife and I are thinking of taking a mortgage. We are thinking of having joint owning let property. Is it true that in this way we could save some tax money? We will appreciate if you answer us that question. Thanks in advance for all your replies. Bye!
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king
Apprentice


Joined: 05 Feb 2005
Posts: 6



PostPosted: 02/25/08 - 01:25    Post subject: Reply with quote

Hello, there. Many couples do that now. The rates are lower in that way. I think it will save your tax money. It helps if both of you are working. Unfortunately, I am not an expert, so I can’t help you with more details. Maybe you can ask some friends of yours if they had joint property. Or someone here knows more details. I hope you will find the answer. Good luck!
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