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Can I claim 100% of capital gains on rental property sold even though my wife is on title? Over the years any income/expenses for property were claimed 100% by myself.
During the year we sold the rental properties I had much lower income so was hoping any capital gains calculations would be done at my tax bracket. As already stated during the years we operated the rentals I claimed 100% of the income and expenses. Within turbo tax I was able to select rental partnership distribution at 100% to 0%. I am hoping I can do the same for capital gains
‎October 30, 2019
3:10 PM