That’s a helpful citation and nearly convinced me until I read this from the section mentioned previously:
“If you use a dwelling unit for both rental and personal purposes, the tax treatment of the rental expenses you figured earlier under Dividing Expenses and rental income depends on whether you are considered to be using the dwelling unit as a home.”
There it explicitly states that the tax treatment of the rental expenses DEPENDS on its status as a home. In light of that, the key sentence quoted—while relevant and helpful—seems less absolute and more relative, depending on its status as a “home”.
Would you cite any other relevant passages or offer any additional commentary that might further clarify this?
