Jump to content
Français
Search In
  • More options...
Find results that contain...
Find results in...

rental property


Tatsiana
 Share

Recommended Posts

Could anyone advise how to report Rental Property income in the situation below?

In 2019 tax year marital status: married. Rental Property Income was reported on T776 as 50% share owned by each spouse. 

In 2020 tax year marital status was change to separated. No official documents from lawyer "for whom belong what and ect.", only verbal agreement between both of spouses.   Ex-husband is only the person who collected whole income from rental property and  he is also only the person who carried all the expenses.

Could the percentage of rental property ownership for tax purpose be changed to co-owner 100%? or

What is the best way to handle this situation?

Thanks

 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

×
×
  • Create New...