How to report rental income in a partnership?

[Claudio Trevisan]

If two individuals own a rental property together as joint tenancy in common with right of survivorship, how would they report the income if they file taxes separately?

For example, assume the property is owned free and clear. Gross income is $15,000, expenses $5,000, and net income $10,000. Would they each report earning $5,000 on their personal taxes?

Assume the property is owned in their personal names (not an LLC, trust, or corporation).