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Is 100 the correct percentage if I rented out my property all year?
In 2017 I started renting out my condo mid-year, the business use was 58%. This year I answered "Yes" to the question "Was the property rented out all year?”. Despite that, the percentage showed as 58% (transferred from last year’s form), instead of 100%. I changed it manually.
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June 4, 2019
1:11 PM
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Investors & landlords
Yes, 100% is the correct percentage if your condo was rented all year and yes, it's appropriate to change the percent to reflect the correct percentage in 2018.
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June 4, 2019
1:11 PM