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Investors & landlords
Hi Carl, yes you are right. 2021 was my first year for converting to rental. I understood now and you should be right, only report the rental after Nov 20 to SCH E should be simple.
One more question, what type of "other income" I can report for the first 10 months of partial rental? And I still have expense and utilities on this partial rental, can I deduct it from this income and also partial of insurance, mortgage interest and property tax?
‎April 3, 2022
10:17 PM