I use a separate file per property and then break up the sheets for my categories (materials, mileage, etc).

Partnership break-ups create very complicated income tax problems when trying to keep each of the partners/members happy and trying to structure 1031 Exchanges.

Try to break up the debt into a few homes.  

Married is stable, but kids add to wear and tear, noise, etc. couples break up (happened to me 2x :(.

Welcome to the BP community.Tip: if you break up your posts into smaller paragraphs, they will be easier to read and probably garner more and better responses.

most insurance will break up quarterly but property takes come once a year so just prepare a few months in advance.  

@Scott DoyenYeah, seems like a lot could change in the next few years... you could move, she could move, you guys could break up, who knows?!

While I think the Attorneys have given some good nuts and bolts advice,  my advice is a big DO NOT do this for the following reasons:-While you think now there are 2 groups of partners, there is a great potential for 3 and while everyone hopes not a potential for 4 partners with a breakup and/or divorce. 

How to Break Up with My Realtor

My biggest concern: the combined income they qualify (3x rent) but individually they don't and a breakup means big time problems collecting rent.