I have a question about rental property. In the past we owned a property with another family. In May of this year, we went through a lawyer and went through a closing and split the equity in the home and paid them off. My husband and I own the property together now 100%. In the past the other family was able to deduct 50% of the expenses each year. Will that be the case this year for the first five months of the year or are we able to deduct all the expenses since they have no interest in the property now?