cgall99
Returning Member

Investors & landlords

I only offer my Airbnb cottage for about 1/3 of the year.  And during the Covid year I only actually managed to rent it for about 10 days.  So I would enter 10 days for "days rented" and 0 for "days personal use" and then what?  Turbo Tax would assume it's available for rent 365 days a year?  This is why the way Turbo Tax captures this information is flawed and there's no workarounds presented.  

 

My understanding is that the IRS cares how many days per year your place is "rented."  When other people, including tax professionals, talk about days "rented" they say the IRS wants to know how many days your place is available FOR rent.  But with Turbo Tax's explicit instruction to "not include days rental was vacant" they're making it very difficult to do so.