Reporting Tax Owed in a Joint Portfolio

If you co-own properties with another person or persons you can still record the tax owed in Landlord Vision.  In March 2019 a new feature was added to make this process easier.

Set up the Portfolio and record the landlords.

Enter the percentage that each landlord owns of the portfolio.

If the landlords own differing percentages of each property, you can override them at the property level.

Enter all the incomes and expenses in full and once these are complete, head to Reports > All Reports > Tax Reports > Income Tax Report.  Choose the landlord and then fill out the remaining boxes as they pertain to you.