No, no change needed from the advice the other Experts gave.
Normally a condo owner also shares ownership of the common property.
The parking area needn't be specified on your deed.
You need to enter something to name what it is you're renting out.
Land is not depreciated, so depreciation recapture will not be an issue when you do sell the condo.
Ask a Real Estate professional if there is any increased value between a condo with and a condo without parking rights.
You might use that as a "land value" for the spot you rent.
In order to claim a portion of your fees, you need to make a reasonable effort to allocate those fees proportionately and fairly to the parking spot.
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