HI
I own 50% of a property (inherited from Grandparents)
The property is Mortgaged in two names and the rent is paid into a joint account.
Whilst the property is 50 % in my name, my share is split between myself and my sister (this an agreement between ourselves)
My question is can i formalise this agreement (without adding her to the deeds) so that the rent (& subsequently tax) is split between us.
And in addition can i split the my tax burden between myself and my wife.
Thanks
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