First, if the property does not go up in value or even decreases, we have to wait until it does. It would be similar to a business or a stock. We just have to wait to sell when the conditions are more favorable. When the property is sold, there is a 50-50% split of profits after costs.
If the house get sold does the receive 50% of total profits or 50% of the equity above the adjusted price? and what happens if property depreciates even more?
First, if the property does not go up in value or even decreases, we have to wait until it does. It would be similar to a business or a stock. We just have to wait to sell when the conditions are more favorable. When the property is sold, there is a 50-50% split of profits after costs.
davsal100 5 months ago
If the house get sold does the receive 50% of total profits or 50% of the equity above the adjusted price? and what happens if property depreciates even more?
krzyhrse456 10 months ago