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March 27, 2020
Question

Seasonal Rental expenses

  • March 27, 2020
  • 1 reply
  • 0 views

I only rent out my house 60 days of the year. I understand I can only write off expenses that reflect the actual days of rentals. Do I need to enter the total (year round) expenses for my house and then Turbo Tax calculates the percentage that is deductible or do I enter the actual expenses for those 60 days?

    1 reply

    GiseleD
    March 27, 2020

    TurboTax will calculate the deductible percentage based on the number of days rented or available for rent. 

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