Thank you very much. 2024 was the first year that the property was converted from personal use to a rental. With respect to your response, i would calculate the expenses (insurance, taxes, HOA etc) based on the fair rental days only, correct? For the personal use days, i would enter those expenses into schedule A (deductions), correct? For example (and ease of math), property taxes for the entire year was $366. Fair rental days were 100. $100 would be entered in the expenses section for the rental. $266 would be entered in the deductions section for property taxes.
