The 3 of you are supposed to file a partnership return unless you elected a corporation status. That return will give each of you a k-1 form to file with your personal taxes. You can't file 1/3 ownership of a house legally on your Sch E.
First, do what I suspect is a partnership return for the 3 of you using TurboTax Business. Then you can file your taxes with the k-1 form.
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