Good evening,
Am trying to use Turbotax Home and Business. I have never had issues with Turbotax except for now. I have two things going on. I had to be away from home for a bit so rented it out for 4 months (split 2019 and 2020) until my return. I wanted someone in the house, not sitting empty and help pay for the HOA's.
At the same time, I was an active Realtor (not anymore) for 9 months in 2019 with income and expenses. (I rented out my place through someone else and paid them commission as a homeowner, not on my realtor side of business).
Can it be that the Rental portion is being taken by Turbotax as if it were part of my Realtor business transactions? Upon starting to work on the rental, it asked me if I had over 750 hrs of work, or if I had worked 50% of the time as a Realtor...
I want to keep both activities separate with their own deductions.
Would my 4 month rental be considered "trade or business"?
