If you only own 50% of the property and the other owner is not within your household or isn’t using the platform, it is still necessary for you to enter your income, expenses, and related borrowings for this property at 50% (your portion).
Instead of selecting a “joint” ownership option, you should set the ownership to 100% to represent the asset at half of its true value. By doing so, your wealth dashboard will accurately reflect your position.
We understand that there is a need for more flexibility in ownership types, allowing proper splits between platform users and external third parties. While this feature is not currently available, we are actively working on addressing this requirement. In the future, you will be able to update the ownership details without impacting the values you have already specified.
For instance, if the total value of the property is $1M, you should currently enter $500k as your ownership share (100%). Once the change is implemented, you can adjust the property value to $1M and set your ownership share to 50%, with the external party holding the remaining 50%. This adjustment will ensure that your portion is still calculated at $500k, resulting in no significant impact (excluding rounding).