If you have a rental that is 100% for rental use, no personal use for any reason, then you should indicate all days rented in you rental activity. This would mean that you should prorate manually any expenses that would apply to the entire property such as real estate taxes, insurance, mortgage interest and/or utilities. You must determine if there are other shared items.
If it is not available to rent at fair rental value (FRV) for all days in the year or there was personal use during any period where it should be a rental, then all expenses not directly for the rental space should be prorated for the most part.
Test: If I add 266 rental days at FRV and zero personal days, miscellaneous and repairs expense is calculated at 100% of the amount I entered. Please update with any details if you have more questions.
@cassheff
@thistle3976
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