lishiji56
Returning Member

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?