osbornedj
Returning Member

Investors & landlords

thanks so much but i need a clarification.

The schedule E worksheet asks for days rented for fair rental value.  I put 116 for this which is the number of days i actually had guests, but it was rent ready all year except when i was working there as a contractor and when i had a few days of personal time (but still working some).  I have 10 days personal use for the year (it is actually probably less than this but close).

At any rate, the house was available to rent on VRBO the entire year except for the time i worked there and had personal time there. 

I worked as a contractor for 25 days, i had 10 days personal time, i rented the place to guests for 116 days but the rest of the year 214 days the place had to be ready for folks to come in and stay since it was a short term VRBO rental.  I had to keep it clean, ready, housekeeping on standby, etc.  

 

To me it is very misleading... i think the numbers should be that the house was rented or rent ready for 116 + 214 days = 330 days and i had contractor working 25 days and 10 days personal time.  

is this correct, can you comment please.