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Rent out primary residence in the summer, how to fill out Schedule E?
We rent out our primary residence in the summer as a short term rental. We rent out the whole house, and rent our own short term rental elsewhere. Thus, 100% of the house is on rent. In 2021, we rented it 36 days, so roughly 10%. We paid a cleaner $620 total to clean after each guest. When filling out our Schedule E, would we use full $620 for Cleaning and maintenance and then 10% of the annual Homeowners Insurance, Mortgage Interest, Real Estate Taxes, and Utilities (internet, electric/gas, water)? For example, if our annual Mortgage Interest is $5,000, would I put $500 on the Schedule E?
It's important to note that we do a Standard deduction, so not filling out a Schedule A.
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‎January 22, 2022
11:17 AM