Posted on: 29th Mar, 2010 02:53 am
How do i split the cost of a rental property with my brother on IRS return form
Hi Guest,
Do you co-own the rental property with your brother? How you should split the cost of the rental property depends on how you share the ownership with your brother and if you have any type of agreement with him. In any case, you should consult an accountant or a tax advisor as they are the right people to help you in matters related to taxes.
Do you co-own the rental property with your brother? How you should split the cost of the rental property depends on how you share the ownership with your brother and if you have any type of agreement with him. In any case, you should consult an accountant or a tax advisor as they are the right people to help you in matters related to taxes.
i am in agreement that a tax advisor is the best person equipped to answer such a query.
