Thanks AnnetteB6. I get the rental side of things, but as for the second home, the deal with my partner that is living in one side of the duplex is, for example, if the mortgage, property tax, and insurance is a total of $2000, for example, they are responsible to pay $1000, or half while they live there. The rental side would pay the other half and what is left over is for expenses. In this case, would they not get half of the mortgage interest, property taxes, and insurance, plus the 25% from the rental side? I would just be left with the 25%. Or am I not seeing this correctly. Thank you!
