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Investors & landlords
Allocation of expenses between personal use and rental is allowed -- just make sure that you have details and logic to back this up incase of an audit-- should not be an issue as proposed by you.
Rental expenses when not occupied but advertised for rent is valid expense for rental.
When asks if the property was rented -- it includes periods when unoccupied but actively seeking rental.
Hope this helps
‎June 5, 2019
11:45 PM