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Mortgage interests on half a year rental property 2022
I rented my home for part of the year in 2022. I entered in TurboTax program the number of days it was rented (181), the number of personal days during that period of rental time (0), and I am allocating expenses between rental period and personal use. My question:
For mortgage interests in the rental expenses section: should I enter the entire amount of mortgage interests of the entire year and does TT automatically calculate the corresponding amount for the rental period? Or should I manually enter only the corresponding amount of interests for the rental period?
Thank you
‎February 7, 2023
5:31 AM