spottedstriper
Returning Member

Investors and rental owners

Because this is a partnership with 4 partners each owning 25% of the rental and each with their own loans, the interest on the T776 Interest section of Rental Expenses is for the partnership as a whole, not for the individual partner, as indicated at the top where it says "do not include any personal portion of these expenses".  So where can I enter the personal portion of interest?  Should I multiply my personal interest by 4 and enter that, knowing it will attribute 25% to me?