christok
Returning Member

Calculating personal use on multifamiily property

I am confused about the intended way to allocate expenses and depreciation on a multifamily property. I have a 3-unit building. One unit is rented year round, a second is always reserved for personal use and a third is sometime rented and sometimes used for personal use.

 

It's easy for me to determine a percentage of personal use. The trouble is with the question "Was this property rented for all of [year]?" The honest answer is "Yes" (because part of the property was rented out all year, just not all of it) but if I provide this answer my schedule E ends up showing 365 days rental use and depreciation is allocated 100% to rental. However if I answer "No" I'm asked to provide a number of days out of 365 that is was rented and this doesn't really work either.

 

Would the proper course be to provide the total average number of days out of the year of the three units? For instance if unit 1 was rented 50% of the year, unit 2 0% and unit 3 %100 then we'd assume personal use to be 182 days?