<prompt> Human: So we found the perfect place and, even though we didnt exactly have everything in order, we bid on it and are now under contract. There are a few hiccups though.Im a stripper and I make all cash and file taxes as self employed. Because of this, the way that I get approved for a loan is a bit stricter. I have been stripping for about seven years and the first few years, I worked my tushy off and saved a ton of money, so I havent worked that much in the last few years. So I dont have enough post-tax income reported to overcome the car loan I have and be useful on the loan. So my boyfriend is going to be on the loan by himself. Im paying the down payment by transferring money into his account as a gift. Im putting 10 down and paying off his car loan so that he can get approved and we can get a good rate. Im also going to work extra and put extra money towards the principle to get to 20 so that we can get rid of the pmi as soon as possible. I know a lot of people would suggest that cash in hand is better, but I would rather do it this way.He is pretty much willing to do whatever I say when it comes to EVERYTHING, but I want the situation to work out in a way that were both protected and that everything is fair. Were going to have a contract written up about how to divide equity, but Im not sure what a fair divide would be. Were planning on dividing all home expenses down the middle, so he suggested that I would take 20 of the equity for the 20 that Im putting forward, and then split the remaining 80 down the middle so that I would get 60 and he would get 40. I dont think hes taking into account the value of him being the only name on the loan. I think the split should be 5050.Also, are there any unforeseen issues that could pop up? Any additional ways to ensure a smoother transition in the event of a breakup?Edit: I guess it should be stated that I dont intend to ever get legally married. That may change if it becomes really beneficial for tax purposes, but probably not.  <response>: Short answer: Dont do it. 