Sai Tata
Joined: 8/20/2024
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RE: Jointly owned property but 70/30% profit?
Hello - I am in a similar boat. I reached out to an accountancy firm last year and they advised me to set up a partnership with 99% and 1% split for spouse and myself. We have not filed any deed of trust. This partnership is only to manage rental income. Now I doubt if I received good advice. Are you able to please comment on my situation? Sai