DianeW777
Expert Alumni

Investors & landlords

It depends.  If your divorce decree states any income allocation for the rental property during the period of the year you were married.  

 

If not, the rental can be reported by you for the entire year including all income and all the expenses for the year.  Continue the rental property as you have in the past as if only you have always owned it.  The cost basis remains with you since it now belongs fully to you due to the divorce.

 

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