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Does it matter if property jointly or solely owned when filing jointly?
My wife and I are recently married, I own several rental properties from before we were married. We are looking at buying a new house and was going to have her make the purchase and finance it by herself without me so that my liabilities don't complicate things. Is there any drawback to having the properties individually owned by each of us when it comes time to file, presumably jointly?
Thanks for your help.
‎June 20, 2020
6:34 AM