moneyhoney
Registered User
- Messages
- 516
Hello everyone,
Quick question a friend asked me and not 100% sure.
Imagine Miss A and Mr B are about to get married. Miss A owns a property with mortgage outstanding. Mr B owns another (larger) property with mortgage outstanding.
So, question is - do Miss A & Mr B automatically become co-owners of eachother's properties once they marry & are there any tax implications?
Quick question a friend asked me and not 100% sure.
Imagine Miss A and Mr B are about to get married. Miss A owns a property with mortgage outstanding. Mr B owns another (larger) property with mortgage outstanding.
So, question is - do Miss A & Mr B automatically become co-owners of eachother's properties once they marry & are there any tax implications?