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mb37343
January 31, 2023
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Owner-Occupied Rental and Expense Splitting

  • January 31, 2023
  • 1 reply
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I purchased a triplex in 2022 and I live in one of the units.  I really want to let TT automatically split the expenses between Schedule E and Schedule A using square footage, but I have some expenses that are specific to one of the rental units and not my unit.  Is there a way to force certain expenses (like rental specific repairs) to be 100% for the rental part and still use the TT auto calculations for the overall building expense (like mortgage interest, depreciation, etc.)? 

 

Thanks for the help!

Best answer by RobertB4444

Unfortunately, if you want to enter expenses for each unit separate from the allocation then you have to click the "Enter it Myself" button and you have to enter all of the expenses for the rental manually as well as all of the schedule A deductions.

 

@mb37343

1 reply

R
RobertB4444Answer
January 31, 2023

Unfortunately, if you want to enter expenses for each unit separate from the allocation then you have to click the "Enter it Myself" button and you have to enter all of the expenses for the rental manually as well as all of the schedule A deductions.

 

@mb37343

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