Unmarried Couples Buying A House -

: 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.

: You can own unequal shares (e.g., 70/30). If one partner dies, their share goes to their chosen heirs rather than automatically to the surviving partner. unmarried couples buying a house

: 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 : You cannot file taxes jointly

: Consider taking out life insurance policies naming each other as beneficiaries. This ensures the surviving partner can cover the mortgage or buy out the deceased partner's heirs if necessary. If one partner dies, their share goes to

: Both partners own 50%. If one dies, their share automatically goes to the survivor without going through probate.

Unlike married couples, whose property rights are often defined by state law, unmarried partners must explicitly document their intentions.