one suggestion is to include the property in the partnership return and take the depreciation there. I don't see the IRS having a problem with this because the depreciation will be matched with the revenue and other expenses.
another way is there is a section in the K-1 for partner expenses. you would each (if both using Turbotax) enter in the asset entry worksheet your cost basis based on your % of ownership and Turbotax will compute the depreciation. the net income or loss reported would be the net of the cash income/expenses and the depreciation. also the won't muck up the QBI deduction.
or follow your CPAs advice which I think is excessively complicated for your situation.
