Thank you, Carl. So does that mean I shouldn't report this rental property income at all? TurboTax does not seem to recognize my property as potentially not being owned by me. When I go to the Property Profile section, one question is "Were you the only owner of this property in 2017?" and I respond "No, I owned less than 100%." Then I enter 0% as my ownership percentage. The next question is "Did you own this rental property for all of 2017?" and the only responses I can select are "Yes I owned this property all year" or "No I owned this property only part of the year" - neither of these are true since I didn't own it at all. Also, after making these selections, even though rental income entered was $1600, the total is showing as $0, I'm assuming because I entered 0% property ownership. Your expertise is greatly appreciated! Thank you in advance for your time. 🙂
