We purchased a rental property and have been paying interest as well and have purchased appliances as well have spent on other utilities.

Congratulations!

 

Please review the links provided below to assist you with income and expenses incurred as a co-owner of a rental property, as well as how to enter these amounts in TurboTax.

 

TurboTax Blogs & FAQ below:

• Owning a Rental Property With a Spouse (says spouse but still relates to co-ownership)
• Rental Property Expenses: Current or Capital?
• Rental Property FAQ: Common Deductible Expenses
• How do I enter my rental income and expenses in TurboTax?

 

And from the CRA:

• Rental Income
• Capital cost allowance (CCA) for rental property

Footnote: You have indicated that you are using TurboTax Live Review & Assist – please refer to the link provided below to contact our team of experts if needed: 

• I'm using TurboTax Live Assist & Review. How do I talk to a tax expert?