Partial rental of personal home

Forum|Forum|1 year ago
April 6, 2025
1 reply
0 views

TurboTax online is not giving me an option for % of home rental. How do I reduce expenses related to that %?

JamesG1

In TurboTax Premium Online, within the rental activity, at the screen Here's rental property info, select the pencil icon to the right of Rental property info.

At the screen Review your rental property info, select Days rented.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

Teresa H 12Author

To clarify my issue, we only rented 10% of our property (it’s a carriage house next to our main house where we live, but all considered homestead). I’ve entered number of days used personally, but the software never provides a place to put % rented. What am I missing?

Thanks.

AnnetteB6

You need to edit the Rental Property Info and then edit the Situations under the property info. Then choose Rented Part of Your Home. This will let you indicate that only a portion of your home was being rented.

Also, be careful about entering personal use days. The time before and/or after the carriage house was considered a rental property does not count as personal use. It is only a personal use day if you use it during the period of time that the property is considered to be a rental property.

For anyone using a desktop version of TurboTax, the situations can be found in the Property Profile section of the Rental Income and Expenses section.

@Teresa H11

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"