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My wife and I have a rental property in the Netherlands, ownership is 50%/50%. When I enter the relevant income and expenses do I split all in half?
October 30, 2019
10:59 AM
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Investors and rental owners
Create one rental schedule in Turbo Tax and provide your share of ownership and your spouses share percentage as the co-owner. Include the total of Income and Expense then allow Turbo Tax to transfer the correct Net profit/loss to each return based on the provided percentage of ownership.
October 30, 2019
10:59 AM
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Investors and rental owners
you would think it would do that, but it doesn't
March 24, 2020
2:42 PM