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GlenR
New Member

How can i change the percentage of ownership of a real estate revenue property so that it is 50-50 with my wife?

 
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Accepted Solutions

How can i change the percentage of ownership of a real estate revenue property so that it is 50-50 with my wife?

Under the "Income" tab > "Rental Properties" > place a check mark under both names. Create the rental schedule under your name and indicate that you are a co-owner, then check the box for "Details of Other Owners" and continue. Your spouses details will appear in the top box, indicate her share of the rental property - 50%. Leave the lower box empty. The net rental income or loss will be divided between you.

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5 Replies

How can i change the percentage of ownership of a real estate revenue property so that it is 50-50 with my wife?

Under the "Income" tab > "Rental Properties" > place a check mark under both names. Create the rental schedule under your name and indicate that you are a co-owner, then check the box for "Details of Other Owners" and continue. Your spouses details will appear in the top box, indicate her share of the rental property - 50%. Leave the lower box empty. The net rental income or loss will be divided between you.

GlenR
New Member

How can i change the percentage of ownership of a real estate revenue property so that it is 50-50 with my wife?

Using Chrome, there is no option to allow me to enter the 50%. No box. Had to use a different browser. Then it worked the way it should.

How can i change the percentage of ownership of a real estate revenue property so that it is 50-50 with my wife?

I have not come across a situation you describe but will pass along your comments to the Technology Support department, thank you for supporting Turbo Tax.
mccowley
New Member

How can i change the percentage of ownership of a real estate revenue property so that it is 50-50 with my wife?

I have been having the same issue. I have talked to three staff on the phone and no one could figure out what was wrong.

How can i change the percentage of ownership of a real estate revenue property so that it is 50-50 with my wife?

Have you tried signing in to Turbo tax with a different browser?