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August 3, 2023
Question

This is a query on capital loss on a rental (new house) owned by three parties. Could anyone claim rental100% of the rental loss in his/her return? or has to be 1/3 each.

  • August 3, 2023
  • 1 reply
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title owned by father, daughter and daughter\(age 20)

    1 reply

    April 30, 2024

    Hello,

     

    Technically anyone can claim 100% of the rental income, however since it is equally owned by 3 parties each party should claim 33%.  Hope this helps!