AmyC
Expert Alumni

Deductions & credits

Home ownership can vary by great amounts. Suppose 10 of you own the house? Maybe a corporation with a 1,000 investors? You simply take the portion that relates to what you own. If only two of you own the house then you should know. Who put down how much? Who pays what? There are calculators online to help if you are not  Joint tenants with rights of survivorship - that would be 50/50. Otherwise, see below.

 

See:

How to Calculate the Percentage Ownership of a Tenant in ...

Tenants in Common Not 50/50 - Home Guides

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