Rental property rented for 5 months, rest of the year was for sale (vacant). Do I split the costs (interest, taxes) between rental property SCHEDULE E and DEDUCTIONS?
I have a Rental property and was rented for 5 months (Jan-May), the rest of the year was for vacant and for sale. Do I need to split the costs (e.g. interest, taxes) between rental property SCHEDULE E and DEDUCTIONS?
