pmurphy3
Expert Alumni

Get your taxes done using TurboTax

If a group are contributing to the household expenses, it is best if there was a written agreement between/among the parties outlining the responsibilities.   It would be similar to a partnership agreement.   

 

As for adding names to the deed, it is helpful in the event of the original owners passing.   It shows that they have ownership rights in the property.   However, that is really not a tax question and you may have to obtain legal counsel.

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