AliciaP1
Expert Alumni

Get your taxes done using TurboTax

You cannot claim the full rental expense of common areas since you are also using the space for personal use.  At best, you can include 50% of the area of the common areas to calculate the percentage to apply.

 

In your example you would use the 240 of the Renter's space plus 50% of the common spaces, 165 (570- 240 = 330 x 50% = 165).  The total rental area based on your example numbers would be 405.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"