hno4
Level 2

Investors & landlords

Got it, i wasn't aware of so much tax obligation. Actually I also lived in the property while renting out the rest of rooms, so in such case, am I still qualified with the Nonqualified Use prorated rule? I checked a few posts and it seems i'm not qualified if it's owner occupied for personal use. But depreciation recapture is definitely applied here.

@AmeliesUncle