Yes, if you file separately from your spouse and you owned the property jointly with your spouse, you would report the sale on both separate returns.
Allocate the rental activity (income & expenses) according to the ownership (typically 50/50 for spouses). Do the same for the sale - basis, proceeds, and selling expenses.
If, however, only one of you held the property, the rental activity and property sale would be reported on the return for the owner-spouse.
The IRS rules for passive activity (including rental) may limit your ability to deduct a loss when filing separately from your spouse. If you had a net loss for the year, or on the property sale, you may wish to consult a local tax professional who may be more familiar with your specific tax situation.
Note: Married Filing Separately when you live in a community property state can be complicated. See the following for help:
https://ttlc.intuit.com/replies/3301943
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