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US rental property -owned jointly - filing 1040nr

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(@Anonymous)
Joined: 1 second ago
[#506]

Hi Madan, I and my wife jointly own a rental property in the US (hold title and mortgage together). As we are both non-resident aliens to the US, do we each file a separate 1040nr. How do we then split our income/loss reportable in 1040 schedule E and other related forms? Thanks for your help.


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Posts: 663
(@dexter)
Joined: 3 months ago

You each have to file a separate US 1040-NR return with Schedule E. Divide the income and expenses on a 50/50 basis.


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