Holding Syndication Fund as Community Property
My wife and I live in California. Most of our accounts are set up as community property with right of survivorship. I'm going to invest in a real estate syndication fund where the properties are based out of state.
Does anyone know if my wife and I can hold the syndication investment as community property with right of survivorship? The default on the paperwork seems to be joint tenancy. I'm just not sure if the actual properties being located out of state is some type of barrier. I would think that it would be fine given that we live in CA, but am not sure.
Of course, I'll also work with the company. But I'm sure they're not allowed to give any advice. So if anyone sees any obvious legal or other issues, please let me know.
Thank you!