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Double-counting mortgage interest and real estate tax for my primary residence with airbnb for spared room

Turbotax appears to be double-counting mortgage interest and real estate tax for my primary residence where I rent two spare rooms for airbnb. I both use the property as my primary residence and rent out part of the property (basement).  Is there a way to correct this? 

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Accepted Solutions
ThomasM125
Employee Tax Expert

Double-counting mortgage interest and real estate tax for my primary residence with airbnb for spared room

Yes, you need to delete the mortgage interest and property tax entries you made in the Deductions and Credits section, then Your Home, then the Mortgage Interest and Property Taxes sections. You must have entered the mortgage interest and property taxes in the rental section as well as in the area I just mentioned. Once you enter it in the rental section and choose the option there to allocate it to the personal section, you don't need to enter it again.

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1 Reply
ThomasM125
Employee Tax Expert

Double-counting mortgage interest and real estate tax for my primary residence with airbnb for spared room

Yes, you need to delete the mortgage interest and property tax entries you made in the Deductions and Credits section, then Your Home, then the Mortgage Interest and Property Taxes sections. You must have entered the mortgage interest and property taxes in the rental section as well as in the area I just mentioned. Once you enter it in the rental section and choose the option there to allocate it to the personal section, you don't need to enter it again.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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