st1978

Hi all, I currently own a property solely, Recently, I have executed a Deed of Assignment (DOA) transferring 95% of the beneficial interest in the property to my wife. Given that the property is solely owned by me, I have been advised that Form 17 is not applicable in this scenario. However, I am unsure how I calculate the rental income/profit as the DOA was completed in Dec. For example if I receive 10k of rental income from Apr to Dec @100%, do I then take 5% of the rental income from Jan to March ? Also, if I pay all the costs including mortgage, agency fees, insurance etc what does my wife enter for costs ? Thanks in advance. Regards ST