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I jointly own an investment property with my wife at 50% ownership, I was claiming 50% of all the deductions so far while lodging return, other 50% lodging wife's return, Now my wife is not woking because of job cuts. can I claim 100% of deductions in my returns ? thanks
After you transfer full legal ownership to just yourself, then all income earned and all deductions from that point on can be reported by you in your own individual income tax return.
But you need to think carefully before you do that because it may bring into play captial gains tax implications.