hello,
So to make sure I understand correctly, if the Annual gross rents for all units, including short-term rentals for a 50/50 owned rental property between me and my spouse is 10 000, and the total expenses are let's say 5000 insurance, 3000 bills, 1000 maintenance, obviously turbotax copies what I put for any of us to the other, can you please confirm, what is the number I should put under the box " Annual gross rents for all units, including short-term rentals"? would it be 5000 or 10000? and of course whatever I will put will be repeated to the other spouse.
Similarly, should I put insurance as 5000 under 1 spouse and leave it to be copied to the other? or put only 2500?
