Investors & landlords

DO NOT enter the rental as part of your home as you will NOT like the consequences of the vacation home rules.  

 

If you enter it as it's own entity you should NEVER have the option of rental portion only if you enter it correctly.  And all improvements need to be depreciated... that is the law.  

 

If this is your first time setting up a rental it may be wise to upgrade to the LIVE help so you get it started correctly.  Making a mistake at this point will cost you time & effort down the road to make the corrections.