Splitting ownership of a property and the tax implications. 

When 2 people buy a property they can own it in one of two ways. Owning as Joint Tenants suits couples, who would own an equal share each, which, when one dies, the other inherits the property automatically. Also, the percentage of the ownership can be transferred to the lower earning partner to save on tax. If 2 people are buying it as an investment or as a business, then owning it as Tenants in Common will mean that they will both own a proportion of the property and they can legally transfer or sell their share.