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Unfortunately, and due to the way in which the question was written, 53.42% was not the correct answer when the rental was set up. The correct question should have been - after the property was converted to business use, how much of it was used for business - with the correct answer of 100%.
If this was a recent error, I suggest amending your return for the year(s) in question.
Unfortunately, and due to the way in which the question was written, 53.42% was not the correct answer when the rental was set up. The correct question should have been - after the property was converted to business use, how much of it was used for business - with the correct answer of 100%.
If this was a recent error, I suggest amending your return for the year(s) in question.
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