How you are going to handle this is kind of up to you as a partnership.
You each own an equal share of the partnership which is an equal share of the property. However, one of you is making payments that build equity in the property and the other is not.
You could change the ownership percentages to reflect these mortgage payments or you can just reflect the expenses as paid by one partner instead of the other. You could reflect 50% of the mortgage payments as a loan to the partnership made by the partner making the payments.
You will have to decide how this is going to effect your partnership going forward.
@glasair3
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