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Do you enter the total amount of property taxes on Schedule E when reporting AirBnB income
I had an AirBNB goes for 45 days in my guest room. So I would enter in 320 for personal use and 45 days for business use. When I am listing the expenses for a Schedule E, am I entering the total amount I paid for the cleaning company for the whole apartment and Turbo Tax will calculate the correct percentage to allocate? Do I enter the whole amount of property tax? I entered it as a deduction already as itemized. Do I enter the whole mortgage interest? I tried a few different ways --- and it does say enter the full amount of the pro-rated percentage. Some of the expenses on the list I can enter are 100% associated with the AirBnB vs the common expenses. Can someone please explain or help?
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‎June 4, 2019
9:34 PM