Diane, thank you so much for the reply. I rent these 20 properties as long term rentals, normally one year lease. So, no air bnb. But I do provide hired services such as repairs, cleaning, maintenance, and replacing tenants.
Yes, I do use the home office exclusively and regularly for managing these properties. No personal business there.
So, I can report the water, electricity, gas expenses on Schedule E for this home office? Can you please tell me which line is the Miscellaneous line? Is that Line 19 Other? Should I put that under one property address? There is no place to put my own residence as home office. What about the property tax, mortgage interest, insurance, etc.? Also, depreciation for this home office? Or, because of the number of the properties, should I be considered as self-employed and report the home office on Schedule C? I don't have a company, though.
Thanks again.
