This is my first year converting my primary residence to a rental. It was ready for being rented from July 31, 2024. Accordingly, I updated the days occupied vs. rented out.
I entered utility expenses and repair expenses only for the period that the property was a rental and I see Turbotax prorates that expense. Is this accurate even though 100% of that expense was incurred when the property was a rental and not during personal use or did I misinterpret how to enter that expense?
