General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on .
Colorado tax filing for married couple on rental property
I live in Colorado and my wife and I bought our first rental in October of 2019. We're co owners on the title. I just met with our tax preparer who said that since we are 50/50 on the title, we will need to prepare a partnership return for our Colorado taxes. This will supposedly add a complicated burden going forward and increase the cost of our tax preparation each year. Is anyone aware of workarounds for this situation? How do married couples co own real estate in Colorado without doing this?