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Investors & landlords
Partial rentals can become intricate and detailed. It's difficult to narrow it down when there are different rooms with different sizes and for periods that are not definite or distinct. It goes further if there is personal use of the same space at different periods of the year.
If you did not use this rental space for personal purposes you should not be selecting 'Vacation or short term (used for personal purposes and rented for short term period)'. In these situations it's best for you to enter the income and the expenses at the percentage applicable for each period.
As for depreciation for the portion of the cost of the home that represents the rental portion, likewise you should separate out the cost of each room and depreciate part of the house under each rental or one rental incorporating all rental activity. The best way to arrive at a cost of the home is to divide the square fee of use by the total square feet of the home. Do not include the land portion of the cost. You can use the city or county tax assessments to determine the land vs building percentages.
This assumes again, that there is no personal use of those same rooms. If so, then the proration must be further reduced by the time of personal use vs rental use.
Please clarify and update if we can be of further assistance in specifics.
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