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From: Andrew Christie
Dear All/Ian
I have a couple of IP's held jointly with another party + others in my name only.
When setting up a portfolio with these mixed properties, PIA also calculates the partner's share of expenses/rent etc.. plus at times a negative/positive income stream for the partner. This 'income' appears to be reflected in the reports 'tax benefits / investment capacity...
This is distorting, I believe, the presented outcome and possibly the investment analysis spreadsheet (re tax credits?).
Is it safe/ok to delete all the partner entries in the income area ? (menu path: investor > current income). Is this 'partner' income/expenses used anywhere else in the report?
The partner income also appears in the 'tax credits' section.. does this figure come from the current income section?
Or should I just delete the partner income from the tax credits section?
regards
AndyC
Dear All/Ian
I have a couple of IP's held jointly with another party + others in my name only.
When setting up a portfolio with these mixed properties, PIA also calculates the partner's share of expenses/rent etc.. plus at times a negative/positive income stream for the partner. This 'income' appears to be reflected in the reports 'tax benefits / investment capacity...
This is distorting, I believe, the presented outcome and possibly the investment analysis spreadsheet (re tax credits?).
Is it safe/ok to delete all the partner entries in the income area ? (menu path: investor > current income). Is this 'partner' income/expenses used anywhere else in the report?
The partner income also appears in the 'tax credits' section.. does this figure come from the current income section?
Or should I just delete the partner income from the tax credits section?
regards
AndyC
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