Asked by Sam
Hi Gurus,
I and my wife jointly own a property, my wife is a housewife. We plan to rent the property. For tax purposes, how is the rental income treated, is it 50: 50 between me and my wife and we report the rantal income 100% under my wife? Please advise
I and my wife jointly own a property, my wife is a housewife. We plan to rent the property. For tax purposes, how is the rental income treated, is it 50: 50 between me and my wife and we report the rantal income 100% under my wife? Please advise
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