AnnetteB6
Expert Alumni

Investors & landlords

As long as the depreciation is using the same percentage of business use (20% in your case), then it is only depreciating the rental portion of your home.  Often when depreciation is taken into account, rental activities become an overall loss instead of a gain.

 

The fact that you also live in the house does not affect your ability to claim the loss if other qualifications have been met to claim the loss.  

 

@Ripnlips1204 

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