AnnetteB6
Expert Alumni

Get your taxes done using TurboTax

Yes, you would either allocate it by months or by days.  Then, claim the personal portion on Schedule A and the rental portion on Schedule E.

 

Since it appears you converted your personal residence to a rental property, be sure to check that box when you are entering the details for your rental property.  Also, be aware that you should not include any 'personal' days for the property after the time it was converted to a rental.  The period of time you lived in it prior to converting it to a rental do not count as personal days since it was not yet a rental property.

 

@gshforever 

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