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I own a 50% share in a rental property. I need to claim 100% of the interest though on my portion. How can I do this? The other party didn't pay interest.

 
4 Replies

I own a 50% share in a rental property. I need to claim 100% of the interest though on my portion. How can I do this? The other party didn't pay interest.

Are you using TurboTax Online or TurboTax Download? 

 

Thank you for choosing TurboTax.

I own a 50% share in a rental property. I need to claim 100% of the interest though on my portion. How can I do this? The other party didn't pay interest.

There should be a place below all the rental expenses, where each partner can add their own additional income or expenses - things that ONLY apply to your share of the business.

I own a 50% share in a rental property. I need to claim 100% of the interest though on my portion. How can I do this? The other party didn't pay interest.

@Brenda7 Are you using TurboTax CD/Download or TurboTax Online?

I own a 50% share in a rental property. I need to claim 100% of the interest though on my portion. How can I do this? The other party didn't pay interest.

Neither, at the moment.  I'm just trying to help a fellow user.