I rent a portion of my home for part the year. When I figured the portion rented (38%) I entered all my expenses in my spread sheet in regards to the portion that was the rental (38%) Since I do live in it for part of the year, turbo tax will take that percent and reduce what I have already reduced by percentage of use. My question is, should I be entering the full amount of property taxes, utilities and insurance instead of the 38%? This also affects my supplies and repair/maintenance categories when some of these items were exclusively for the rental. Can someone explain how this is suppose to work?
