Unmarried Couples Buying A House -

: Only one person is the legal owner. This can be risky for the non-titled partner, who may have no legal claim to the home despite contributing to payments. 3. Strategize Your Mortgage

: You cannot file taxes jointly. Only the person(s) on the mortgage can typically claim the mortgage interest deduction, and you may need to itemize to split it. unmarried couples buying a house

How you hold the "title" determines legal ownership and what happens if one partner dies. : Only one person is the legal owner

Unlike married couples, whose property rights are often defined by state law, unmarried partners must explicitly document their intentions. Strategize Your Mortgage : You cannot file taxes jointly

: Agree on how to split monthly costs like the mortgage, taxes, utilities, and maintenance (e.g., 50/50 or proportional to income). 2. Choose the Right Title Structure