Hal_Al
Level 15

Investors & landlords

I'm of the opinion that you do not need to file a partnership return.  You can report your share of income and expenses on Schedule E.  I'm in a similar situation and that's how I do it.

References: https://turbotax.community.intuit.ca/community/investments-rentals/discussion/co-ownership-on-a-rent...

https://www.johnrdundon.com/co-ownership-of-rental-real-estate-does-not-require-partnership-formatio...

https://www.nolo.com/legal-encyclopedia/filing-your-taxes-when-youre-landlord.html

 

As to how you enter it; TurboTax (TT) can handle it either way.  I find it easier to just enter my half.