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When is a property considered a rental property
There is a question in the rental income questionaire with a checkbox
"I converted this property from personal use to a rental in 2021"
I purchased a house in 2021 lived in it by myself for a month, in july I found a tenant to rent a room down stairs and in September I found another separate unrelated tenant for renting the room upstairs. During the entire 2021 which I owned the house I lived inside the house alongside the tenants.
Should I check in this box or should I not?
‎April 17, 2022
1:45 PM