1- Depreciation is mandatory. If you rent a portion of your house the depreciation is expected by the IRS even if you don't take it.
2- You can enter in the reimbursement of expenses as well as the expenses in order to make the bill portion zero anyway or you can choose to leave that portion off entirely.
Entering the rent allows you to also deduct the expenses for that portion of the house. If you rented 50% 0f your house you can deduct 50% of your mortgage interest and property taxes as well as any other expenses on the home. Except utilities which you had a separate arrangement on.
@mkenney17
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