Joint ownership property is tax liability shared?

I own 2 rental properties with my ex wife. I manage the properties and collect the rent. Are we jointly responsible for declaring the rental income?

Hi ,
 

Yes the legal share of the rental income should be declared on your actual share of ownership.  So if you each own 50% you declare your half and your wife her half.  You can leave your share of the legal ownership unchanged but change the beneficial ownership of the income so your ex-wife gets 0% and you get 100%.  To do that you both have to agree and establish a deed of trust.  Please therefore refer to the following guidance in respect of  making a declaration of trust ,to declare your own and your ex-wifes’ beneficial interests in the property . This would then enable your ex-wife to transfer all/part of the rental income to you. TSEM9520 - Ownership and income tax: express trusts - written declaration    . Thank you .