Nearly finished!
Regarding the mortgage insurance expense calculation seems this is meant to be form room a and b together not separate? Room a is 5.1 percent and room b is 7.1 percent. I currently am using the percentage sum to calculate the mortgage insurance expense. Mortge Insurance Expense = Mortgage insurance whole year * (sqft percent room a + sqft percent room b) / 12 * months in service of room a and b for 2021. Room a and b has the same months in service in 2021
In the "tell us about your rental asset" page the values of cost and cost of land are slightly higher than the sales price of the house and land value shown on the tax bill is this expected? I financed the property through a mortgage and previously entered some costs in the disclosure in the questionnaire ( legal fees, title insurance etc.) likely why this page has the numbers adjusted up a bit (few thousand).
