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Rental Property first time
Hello,
I had a condominium that I had as my primary residence until 10-22-2023.
I spent from 10-22 to 12-26 preparing it to be used as a rental, and listed it as a rental on 12-26-2023.
I did not receive any rental income in 2023.
How do i go about writing off my mortgage interest in turbotax? it isnt clear to me whether i have to manually do calculations on the schedule E and the home deductions sheet, since it looks like i have to enter property taxes/interest in both areas. Also is the time period between 10/22 to 12/26 considered on schedule E, or only from 12/26 onwards?
Topics:
March 16, 2024
5:12 PM