After entering the assets for the rental property the depreciation calculates at 100 percent but all of the other expenses are at 50 percent. Do I have to put 50 percent ownership on all the assets? If I do they don't calculate correctly.
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I was wondering if I would have to do that. My old tax program had you put in the amount at 100 percent and show 50 percent ownership and it calculated it correctly. I will try this because I don't see another way around it. Thank you for your response.