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daveelise
New Member

When calculating recreational property rental income and expenses, does turbo tax automatically calculate the percent of ownership?

...I owe 20% of the property, my partner owns 80%. Does turbo tax calculate this, or do I do it manually?
1 Reply

When calculating recreational property rental income and expenses, does turbo tax automatically calculate the percent of ownership?

Depends on if you are using TurboTax Online version or TurboTax download.