I own a 50% share in a rental property. I need to claim 100% of the interest though on my portion. How can I do this? The other party didn't pay interest.
I own a 50% share in a rental property. I need to claim 100% of the interest though on my portion. How can I do this? The other party didn't pay interest.
There should be a place below all the rental expenses, where each partner can add their own additional income or expenses - things that ONLY apply to your share of the business.