With 33.33% ownership in a rental property, Under "rental property info" & in "New rental property" should I enter 100% or 33.33% of the property value and closing costs?

[S-R-G]

I have 33.33% ownership in a rental property, Under "rental property info" and in "New rental property" should I enter 100% of the property value and closing costs to to calculate the cost of the house?  Or Just 33.33%?

[rjs]

Answered in your other post about the same situation. Please post your question only once. If you want to add more information or post a follow-up question, add a reply to your original question. Do not post separate questions about the same issue.

[S-R-G]

They are different questions.  🙏

[Critter-3]

If you are not going to file a Partnership return like you really should  then in the TT program  you own 100% of your  33%  thus you will  indicate 100%  but only enter in your 1/3 of income, expenses and basis for depreciation.