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Investors & landlords
I rented out my property starting in Aug through 31 Dec. I rented for 135 days and lived in the home for 230 days prior to renting it out. I entered 135 as days rented at fair market value and 230 for personal use, but the follow on questions pertain to aligning expenses to the part rented. Should I enter 0 for personal use since I rented out the entire house starting in Aug and plan to rent it out for at least 12 months?
‎June 3, 2019
5:31 PM