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Can spouse claim all rental income on second property?


We own a rental property with both of our names on title. My wife does all of the work. We can also show the downpayment came from her funds, if required. Can she claim all income/expenses, or must it be split 50/50? If so, she would also claim the full capital gain on the future sale of the property? I've asked CRA and received conflicting answers.

As the property title is in both names, the income/expenses/capital gain are to be split 50/50.

If she did all the work,she should be paid a salary. If she put down the downpayment, you owe her your share.

Your intention to shift all income and capital gain to her is presumably she has less income than you.

You both could have thought of this tax planning when you bought the property, and registered the property in her name only at that time.

I agree with the one above. It has to be split 50/50. The income comes from the ownership of the property, not any work she might do towards it.

i know for sure that whether spouse claims all or you split it the first time you claim it, the income has to be declared the same way every year.
I think you can claim either way but i am not 100% sure. Call a tax prep place, someone there should be able to answer your question. I have found that a lot of CRA agents really dont understand any of what they deal with (lucky me gets to call them and sit on hold a few times a day).

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