Can jointly owned property or assets be shown with unequal ownership (Tenants in Common Ownership)?

At present the software only has the facility to model jointly owned property or assets as owned 50/50 i.e. in equal shares.

To model a joint property or asset owned in unequal shares, enter the property/asset as two separate properties/assets, each individually owned in the relative proportions.

An example:

  • A couple own a rental property worth £1 million, with rental income of £60,000 pa. It is owned 40% Mr, 60% Mrs.
  • Enter a property owned by Mr with a value of £400,000 and a rental income of £24,000.
  • Enter a second property owned by Mrs with a value of £600,000 and a rental income of £36,000.