@f4tq wrote:
Both the answers are similar and make sense to me. Many thanks.
Technically the house was on the market for the whole year, but proving it becomes more difficult as I needed to make an appearance in Hawaii that I was reticent to make... Covid be damned.
Given that I have 'written' evidence predating (4 months) the mid Dec rental, I have a follow-up functional TT question:
Assuming that the property was 'on the market' 33%, when entering data for the rental in TT, should I do the math myself (33% x Total costs) and directly enter all the breakdowns, or should I change a factor elsewhere in the program and let TT do the math?
Again, many thanks.
Are you saying you had a possible tenant but you did not rent to them because you didn't want to fly out to Hawaii to make the arrangements? That might be viewed as "not in service" or "on the market" if the IRS audited you. @Carl what do you think?
