ToughQuestions
Returning Member

Investors & landlords

Aloha!

 

I think this is great information.

 

If they split our gross proceeds on the 1099-S and I put 50% ownership in the ownership percentage, does that conflict with each other? If not, is the idea that I would also split the total expenses in half and input it?


If they do conflict (ownership percentage and amount inputted), is it recommended I choose to put in my own numbers then follow the above?