JulieS
Employee Tax Expert

Investors & landlords

You need to enter just your share of the purchase price and prior depreciation. Ownership percentages do not apply to the depreciation section.

 

If you indicated your ownership is 50% in the beginning of the rental section, 50% will be applied to all of the expenses like mortgage interest, insurance, etc. That does not apply to assets and depreciation.

 

See the image below for an example.

 

 

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