I purchased my primary residence from 2016 and used for personal until 2024/01/01, then I rented for 4 months (33.33%) and afterwards I used as primary residence again in 2024. I input the corresponding rental/personal days (120/366) and selected NO when asked if I had prior business. Here's some questions:
1. For the rental assets depreciation, I'm confused with these questions and not sure if percentage of time refers to 2024 year or piror, please see the screenshot
2. When asked for prior passive loss carryover, I do have 8582 Form but the carryover loss was from a different activity, so I assume I should input 0 here?
3. When asked for qualified business income, does this partial rental of primary residence activity qualify for QBI? the definition was pretty board: if rental or royalty activity is based in the U.S. and carried on with regularity, continuity, and a profit motive
Please advise thanks!
