Updated over 9 years ago on .
presented by
Schedule E Reporting
Hello,
I purchased a residential home to live-in. I subsequently rented the property out after moving to a new home. I reported this property on my Schedule E for 2015.
Recently a partner of mine, invested in this property and I added his name to the title. We now co-own the property and split the passive income.
Would i be able to move this property off of my personal taxes into a partnership FORM 1065?