Joint condo ownership raises depreciation question

DEAR BENNY: In April 2001, a friend and I purchased a condo in California for $100,000. We are on title as tenants in common. My wife and I own 50 percent, and my friend owns 50 percent. The loan is in my wife's and my name only. Because the property is now worth only about $50,000, ...

Login required


You have clicked on a link to information that is exclusive to Mecklenburg Times subscribers.

	Email Address: Password:	Already a paid subscriber but not registered for online access yet? For instructions on how to get premium web access, click here. Forgot Password?

Interested in Subscribing?

Start by choosing how you'd like your news delivered.

- Print and Digital -

- Digital Only -

Try Meck Times for a month for only $12.95
AND get a free whitepaper:

Construction hazard: New hires
mean greater exposure to litigation.

Click here to subscribe now.