•  
  •  
 

Abstract

The "fractional share" rule for joint tenancy property, which was enacted initially in 1976 and became fully effective for deaths after 1981, has generated a problem for deductibility of mortgage obligations on the property involved. Careful planning attention should be given to the situation if problems of deductibility are to be avoided.

Share

COinS
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.