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Deductions & credits
Similarly, my partner and I are single and unmarried and both of our names are listed on the mortgage and the home. He makes slightly more than me and is paid on a K1 while I’m paid on a w2.
We haven’t started paying our 1st mortgage payment yet but it’s coming up. Our mortgage servicer only allows one monthly payment or a biweekly payment but all from one account as autopay and not from two separate bank accounts. The servicer allows manual monthly payments from two bank accounts.
Would you recommend we set up a joint account to split our monthly mortgage payments, or would you recommend that each of us alternate monthly payments from each of our own bank accounts? Or does where the money come from not matter?
June 21, 2024
5:38 AM