Anonymous
Not applicable

Investors & landlords

Carl's response solved my problem.

 

For me in the 2021 tax year version: I put "Days rented at a fair rental price"  and put 0 for "Personal use during the year". It then asked me a question about "Rental Use %", which you list, 50%, 33%, whatever you have determined. Check the recommended option of having TurboTax allocate for me. Then I put all (Total 100% for owner + rental portion) of the mortgage interests, property taxes, expenses, maintenance,  in this "Wages & Income" section for this rental property. It is then allocated subsequently in the "Deductions & Credits" section.

 

*Important* I deleted the property tax and mortgage interests ($0) in the "Deductions & Credits" since it is automatically allocated previously from the rental property. You can verify by looking at the rental versus personal allocations in Schedule E by looking at the table when you switch to “Form” mode.