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Investors & landlords
One thing to be sure of, is that you don't confuse yourself after dealing with the "have you used this item 100% for business use since you acquired it?" question, (which you will answer NO), with the screen that asks you for the number of days of personal use. Read the small print on the screen that asks for personal use days. Your answer to the number of days of personal use will be a BIG FAT ZERO. This is important. It's asking how many days you lived in the property as your personal, primary residence AFTER you converted it to a rental. The days you lived in it before you converted it to a rental, just flat out do not count for anything. Period. (I see more folks answer the personal use days questions wrong, more than any other question concerning rentals.)
May 31, 2019
6:22 PM