My spouse and I jointly own a home that we started renting out in 2012. The mortgage is only in his name and he is the only one listed on the lease as the landlord. There is no profit on this property and the small loss cannot be claimed, so basically it breaks even tax-wise.

Can he claim all the income and expenses (mortgage interest and R.E. taxes) on his 1040 Schedule E or do we have to split the income and expenses, including his mortgage interest, 50/50 and both file a Schedule E?

Thanks!
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