My client purchased 2 parcels of property together. They have separate addresses but they were sold together. The mortgage is an interest only loan for the full amount plus a cash out for construction to convert the garage into another unit. One of the parcels has two rental units, the other has 1 rental unit and the garage is being converted into a 2nd unit. The property manager gave them a report with the income and expenses together, not separated by each parcel.

They are currently refinancing the mortgage and separating it into two mortgages.

If I enter it together in 21, how will I separate it in 22? Or should I try to separate them now?