For example, let's say that Bedroom 1 was available for 100 nights of the year, and was occupied 80 of those nights. Bedroom 2 was also available for 100 nights, but was only occupied for 60 nights. 10 of the 60 nights occupied, the other bedroom was NOT occupied. For simplicity, let's say both bedrooms are 15% of the sq footage of the apartment EACH.
Should I list each room as it's own distinct "property"? Combine their results into an average?
Just recently started short-term rentals in my apartment, and want to make sure I'm prepared and keep accurate records. Need to know this Rental Use % so I can allocate my partially deductible expenses.
