Investors & landlords

Yes, it is line 19, Other.  Below you will see the instructions to enter it and you can simply label it as 'Home Office'.

1. Search (upper right) > Type rentals > Click the Jump to... link
2. Select Edit beside your property
3. Scroll to select Add expense or asset
4. Scroll to select the expense you need or Miscellaneous
5. Click the checkbox > Scroll to select Continue 
6. Scroll to the expense you selected and click the Start button to enter your description and expense.

The hired services are more like repairs for the rentals, so no feeding them, cleaning the linens or other 'short term' rental activities.  These should be on Schedule E as Residential Rental Properties.

The Home office, if listed as an asset for the rental property, becomes a bit confusing because an office (including a home office) must be depreciated over 39 years. It is considered as nonresidential property even though it's a part of your home.  The office section if not residential under the tax law.

 Here is what you need to know first.

1. First arrive at the business use percentage by dividing the office square feet by the entire home square fee. 
2. Next use that figure times the cost of the office when asked and use the date it was first placed in service for rental activity and management (assumes you used it before 2023)
   1. You must remove the land value before applying the percentage above (you can use the tax assessment from the county or city office to arrive at the land value portion)
3. Once you have this figure, use the chart below to arrive at the depreciation amount for 2023.  
4. Recommending again that you use the 8829 as your own worksheet.  
   1. Include this with your other expenses for the office using the same percentage for all expenses that are for the entire home. (real estate tax, mortgage interest, home owners insurance, utilities, etc)
   2. For any expenses that are directly related to the rental office such as paper, supplies used for the rental properties, etc

Here is how you calculate the depreciation for the home office.  

• Business use percentage of home cost without land x the rate in the chart below.  Only the first and last year have a special percentage for the month placed in service or removed from service.