jpg5
Level 1

Basic Schedule E question: Property Type selection

Hello All, 

 

I live with my family in a single-family house. Last year we started to rent out the basement, which has its own entrance. 

Question: which of the 8 options for Type of Property should I select in this case?

 

I have searched for answers within the "2022 Instructions for Schedule E" and also within Publication 527, as well as some online searches, and have not been able to find a definitive answer. I'm very surprised at this. 

 

Thank you all in advance for any tips you can offer. 

 

Best,

JPG.