ownership percentage change for rental properties

[hongtaol]

I co-own a few rental properties with other owners. I used to report 50% of ownership when filing tax return. From this year, I need to reduce the ownership percentage to 10% or 5%. Do I just simply change the ownership percentage number when filing the return? Is there other process involved? 

[Mike9241]

how did your % change from 50%? 

[Critter-3]

Multiple posts :   https://ttlc.intuit.com/community/user/viewprofilepage/user-id/4594195

Poster has been advised to seek local professional advice since it seems these owners never filed a partnership return.