My wife and I own a rental property, 50% partnership share. Do we enter half of all rental income, mortgage interest etc. or do we enter the full amount.

[TurboTaxTerry · Accepted solution]

Under the Rental Properties section, select that you both own a property. Set up the property under one taxpayer. Identify your 50% ownership. Include all income and expenses and the software will split the net Profit/Loss.  Remember that CCA is optional and therefore if claiming must be provided on each statement separately. In that case you do split the CCA amounts in half only.