I sold a short term rental property and Turbotax is showing me values to confirm for Business % which seems wrong. Any idea how that is calculated?

Forum|Forum|1 year ago
March 31, 2025
1 reply
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The value it is showing me is 19% but the house was rented last year 146 days, we used it 37 days and the rest it was vacant. I can't figure out how it's calculating 19%

KrisD15

It would be the percentage over all the years it was used as a rental.

Do you know the days for that?

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bmarchielAuthor

I have the days rented every year. It averages about 120 days of rentals and about 20 days of personal use. Should I manually update the number? Do you know how it was calculated? Is it rental days divided by 365?

PatriciaV

Employee

Check to be sure you entered the higher number for your rental days. if you divide personal days by the total days (rental plus personal). the result is close to 20%.

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