PAvel Posted April 8, 2023 Report Share Posted April 8, 2023 My spouse and I own a rental property (50/50 split). What is a proper way to enter ownership data within the software? There are two options to input the data – “type of ownership section under “Rental Property Income/Identification” section and “Partners/Ownership by spouse” section. Should I be entering 50% in all these boxes for spouse and myself? Thank you. Quote Link to comment Share on other sites More sharing options...
Geo123 Posted April 9, 2023 Report Share Posted April 9, 2023 Hello PAvel, Go to Interview >> Business partners >> Spouse co-owner of this rental property “+” < - - - SELECT HERE Other partner or co-owner of this rental property:-“ >> Ownership by spouse Percentage share owned by your spouse [Generate rental income statement for spouse] [50%] < - - ENTER % eg. 50% Quote Link to comment Share on other sites More sharing options...
PAvel Posted April 10, 2023 Author Report Share Posted April 10, 2023 Thank you so much. My question was in relation to seemingly duplicate entry needed under "Identification\type of ownership\your share of ownership" box (this is Win 10 installable version). Is it 50% or 100 % (Please see attached image). Technically it would have to be 50% Thank you Pavel Quote Link to comment Share on other sites More sharing options...
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