Thank you! Further questions:
- After selecting "rent part of the house", Turbotax asks about days for personal use vs rental. Since I only rent out a room not the entire house, is it asking for the personal use vs rental of that room or the entire house? That room was never used for "personal use" in 2021, so the day for personal use is 0. However, the personal use of the house is 201 since the room was rented for 164 days.
- Do I need to further reduce the rental portion of mortgage interest and real estate tax by the square footage of rental? For example, my mortgage interest is $8285, rent out a room for 164 days, Turbo calculates the deductible mortgage interest as $8285*165/365=$3723. However, since I rent out one room in a 5-bed house, should I further divide the $3723 by 5?
