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Primary residence vs rental allocation
Hi,
I have a triplex that I live in, renting the first and second floor while living in the third. As a result Turbotax allocates a % to my personal income taxes and a percentage as an investment.
What is the most appropriate way to allocate primary vs rental?
Is it by number of bedrooms? Square footage? And how is a private unfinished basement for my own use counted?
‎February 2, 2024
11:36 PM