You can read through the thread below:
https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/17a-what-is-not-for-p...
However, the property is not rented for profit (or not rented to make a profit) because it's being rented to a close relative at less than fair market value, which makes every day a day of personal use by the owner.
https://www.irs.gov/publications/p527#en_US_2024_publink1000285457
BTW, I am DONE with this thread. You can have your opinion on how to handle this scenario, and I can have mine. Period. Thanks.
