Mortgage interests on half a year rental property 2022

[slara22]

I rented my home for part of the year in 2022. I entered in TurboTax program the number of days it was rented (181), the number of personal days during that period of rental time (0), and I am allocating expenses between rental period and personal use. My question:

For mortgage interests in the rental expenses section: should I enter the entire amount of mortgage interests of the entire year and does TT automatically calculate the corresponding amount for the rental period? Or should I manually enter only the corresponding amount of interests for the rental period?

Thank you

[DanaB27 · Accepted solution]

Yes, you will manually enter only the corresponding amount of interest for the rental period if you selected that you converted the home in 2022.