When entering rental income on a 70/30 split, do i...

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
EnglishEN

Pick a language

Français English
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

When entering rental income on a 70/30 split, do i only enter the 70% share?"

Or do I enter 100%? Also, I enter the co-owner in the area for other partners, is that correct?
1 Reply
Highlighted
Moderator

When entering rental income on a 70/30 split, do i only enter the 70% share?"

You would put in the full rental income, and then in the partnership details, you can say your partner has 30% of ownership in the business.


v