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You need to enter just your share of the purchase price and prior depreciation. Ownership percentages do not apply to the depreciation section.
If you indicated your ownership is 50% in the beginning of the rental section, 50% will be applied to all of the expenses like mortgage interest, insurance, etc. That does not apply to assets and depreciation.
See the image below for an example.
I will suggest the percentage to apply the depreciation to make it easier for the user. Thanks
Just report your share of the asset. For example, if the asset has a value of $20,000, just enter your share ($10,000 if you have just one other owner). It is much easier.
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