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nova23_1
New Member

Can I put 100% of ownership for our condo that we rent out to my husband even if we own it equally on the loan? He pay more taxes so the return would be higher.

 
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Can I put 100% of ownership for our condo that we rent out to my husband even if we own it equally on the loan? He pay more taxes so the return would be higher.

If you and your spouse own the property equally, you must indicate the percentage of ownership accurately (50/50) on your returns.