https://www.realty.truewealthadvisors.ca/tag/real-estate-investors/ Recent content in real-estate-investors on True Wealth Advisors Hugo -- gohugo.io en-ca Thu, 11 May 2023 14:28:09 +0000 https://www.realty.truewealthadvisors.ca/2023/05/legal-ownership-vs-beneficial-ownership-whats-the-difference-and-why-is-it-important/ Thu, 11 May 2023 14:28:09 +0000 https://www.realty.truewealthadvisors.ca/2023/05/legal-ownership-vs-beneficial-ownership-whats-the-difference-and-why-is-it-important/ Legal Ownership Vs. Beneficial Ownership. What’s The Difference And Why Is It Important? In a previous article, I talked about joint ownership in non-spouse situations, the two most common types of joint ownership, and why it’s crucial for investors to know and understand the differences. In this article, I’m going to address the difference between legal ownership and beneficial ownership because not understanding those two terms can lead to potential landmine issues when it comes to estate planning for joint owners of a property. https://www.realty.truewealthadvisors.ca/2023/04/joint-ownership-and-owning-real-estate-property-in-non-spouse-situations/ Tue, 25 Apr 2023 14:25:11 +0000 https://www.realty.truewealthadvisors.ca/2023/04/joint-ownership-and-owning-real-estate-property-in-non-spouse-situations/ Joint Ownership And Owning Real Estate Property In Non-Spouse Situations When it comes to owning real estate property, there are different ownership options available. Joint ownership, also known as co-ownership, is one of the most popular ways of owning real estate property. Joint ownership allows two or more individuals to share ownership of a property, and it is not limited to spouses alone. Joint ownership can be between any two or more individuals, such as family members, friends, business partners, or even strangers.