This year we retired and moved to our vacation condo permanently. We bought the condo in 2016 and have been renting it out when we have not been there on vacation. We stopped renting it 5/31/2022. It was rented for 142 out of 151 days available in 2022. We travelled to the condo in June 22 to prep it for our move (cleaning, inventory, damage evaluation, etc.). We moved on 8/2/2022.
I'm trying to determine where to allocate the various expenses (mortgage interest, property taxes, etc.) and where to input them. I now the rental expenses (maintenance, etc.) will go on schedule E. For example do I split the mortgage interest and property tax as part of the rental expenses in schedule E, or do I input it all into the 1098 deduction, or do I split them? If I split them, how do I allocate them?
Also, can I claim the trip expenses in June for converting the condo from rental to our primary residence?
