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January 21, 2025
Question

For rental property on schedule E, turbo tax defaults to days rented as 366 when answering that the property was rented for a full year. Why not 365?

  • January 21, 2025
  • 1 reply
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Review your rental property info: Rental type and usage Property type Single family (part of home) Days rented 366

    1 reply

    January 21, 2025

    2024 is a leap year and has 366 days. The extra day is February 29.

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