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My partner and I own a suite. It is under both our names. We rent it out. Can I (one partner) claim 100% of the rental income rather than splitting it between both of us?
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My partner and I own a suite. It is under both our names. We rent it out. Can I (one partner) claim 100% of the rental income rather than splitting it between both of us?
No, if the property is in both names, each partner claims their percentage owned.