- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
@osbornedj You are correct, but two points:
1) If the percentage of personal use varies from year-to-year, then the percentage rate will need to be changed in the property profile section of the program as well as the assets/depreciation section of the program.
2) Typical rental expenses are required to allocated between personal use days and days actually rented, but some expenses are allocated entirely to rental use, such as property management fees, advertising, commissions, and any other expenses directly related to rental use.
March 31, 2023
7:24 AM