Airbnb and don’t own property:
If you are listing
your property on Airbnb and do not own it (i.e., you are a renter) you should
enter that you own it, and that you are an active participant. In terms
of your expenses, you can list your rent but only for the months that your unit
was available for rent (pro-rate the rent if you only rent part of your
property and live in the rest).
When TurboTax asks
about deprecation, mortgage expense and property taxes, leave those blank. You will not
depreciate the property.
