Buying Real Estate with Family and Friends? 10 Problems with Co-Owning Property

Do you own real estate with a family or friend? Or are you planning to buy an investment property with a co-owner?

Homeowners and real estate investors often co-own real property without knowing the HIDDEN DANGERS of co-ownership, such as:

What happens when one owner dies?
What if one owner files for divorce or bankruptcy?
What if one owner can't afford to pay the mortgage, taxes and utility bills?
What if one owner wants to sell?
Do you have to go to court to resolve disputes between co-owners?
Do you have to pay more taxes?

In this live video, California estate planning attorney Edmund Yan shares 10 costly legal and tax mistakes to avoid when buying or owning real estate with family and friends.

We hope this video helps you prepare for common issues with co-ownership. God bless you.
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✝️ 𝐅𝐫𝐞𝐞 𝐋𝐢𝐯𝐢𝐧𝐠 𝐓𝐫𝐮𝐬𝐭 𝐂𝐥𝐚𝐬𝐬: https://www.treeoflife.legal/class

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Follow Edmund on Facebook to watch LIVE:   / treeoflifelawfirm  
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Tree of Life Law Firm
(408) 412-1913
https://www.treeoflife.legal
🛑 𝐃𝐎 𝐍𝐎𝐓 𝐂𝐀𝐋𝐋 𝐔𝐒 𝐅𝐎𝐑 𝐅𝐑𝐄𝐄 𝐋𝐄𝐆𝐀𝐋 𝐀𝐃𝐕𝐈𝐂𝐄. 𝐖𝐞 𝐝𝐨 𝐧𝐨𝐭 𝐨𝐟𝐟𝐞𝐫 𝐟𝐫𝐞𝐞 𝐥𝐞𝐠𝐚𝐥 𝐚𝐝𝐯𝐢𝐜𝐞. 𝐎𝐧𝐥𝐲 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐮𝐬 𝐢𝐟 𝐲𝐨𝐮 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐡𝐢𝐫𝐞 𝐮𝐬 𝐚𝐬 𝐲𝐨𝐮𝐫 𝐞𝐬𝐭𝐚𝐭𝐞 𝐩𝐥𝐚𝐧𝐧𝐢𝐧𝐠 𝐚𝐭𝐭𝐨𝐫𝐧𝐞𝐲.

We are an award-winning California estate planning law firm helping you protect your family and assets. We meet with clients by phone and video conference. We make it convenient for busy families and seniors to receive world-class service in the comfort of their homes. This means no traffic and no sitting in a lawyer's office. We do our best to remove obstacles that may stop you from creating a plan that embodies your vision for your family. Schedule a free consultation today: https://www.treeoflife.legal
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About Attorney Edmund Yan:

Hi, Edmund here. For the past decade, I’ve been helping clients design a meaningful future and leave a legacy of love. Because of my dedication to my clients, I’ve received many humbling awards, including:
🏆 Awarded 10 Best Estate Planning Attorney (AIOLC)
🏆 Clients' Choice Award (Avvo)
🏆 Voted in the top 2.5% of estate planning attorneys for 5 straight years (Super Lawyers)

If you want an attorney who listens and explains things clearly, then I invite you to schedule a call with me: https://www.treeoflife.legal. I look forward to guiding your family for many generations.
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Legal Disclaimer:

The information in the following video (1) is not, nor is it intended to be, legal advice; (2) does not create an attorney-client relationship between you and our law firm; (3) provides personal perspectives on legal news and developments; and (4) is provided solely for informational purposes and is considered attorney advertising. We do not warrant that this information is complete or accurate, and we encourage you to do your own legal research or hire an attorney to ensure your legal questions are answered. Watching this video, leaving a comment, or communicating with Edmund Yan or Tree of Life Law Firm by email or over the Internet does not create any attorney-client relationship. If you have legal questions specific to your unique situation, you should speak to an attorney or schedule a free phone consultation with us at https://www.treeoflife.legal