@Mcb050032 wrote:
I see, seems like a grey area.
Indeed it is, but there is no requirement that you formally advertise the property for rent (e.g., place an ad in some publication or a yard sign).
@Mcb050032 wrote:
In that case I would continue to run the rental expenses through Sch E as normal?
Yes, provided the property was available for rental use (a very loose standard).
