@B4udotaxes wrote:
.....renting below fair market value to a relative. Can I just use Turbo Tax Delux version? Looks like I'm not deducting any repairs or maintenance.
If you are renting below fair rental value to a relative, every day you do so is considered a day of personal use (per Section 280A).
You cannot deduct any expenses beyond mortgage interest, real estate taxes, and casualty losses on Schedule A.
