I converted my primary home to rental. I moved out 11/15 and the property was rented out on 12/1. Day rented is 31 days. Is personal use start from 1/1 to 11/15?

[eric6688]

Search in the community seems like the personal use meant the personal use after its rented....So people are saying 0. Also as for property tax and mortgage interest we split based on days rented 31 days and 334 owned correct?

[JotikaT2]

For the rental, you will need to indicate that the rental property was available for rent starting on November 15th instead of breaking it out as being partially for personal use and partially as a rental property.  

See this link for more guidance on entering your rental property within TurboTax.  This thread also has more detailed information to help you set up the assets for your rental property.

As for mortgage interest and property taxes, yes, you can allocate the amount for the 31 days rented and report those as expenses on your rental activity.  The remaining balance would be reported as part of your itemized deductions.

[AmeliesUncle]

Yes, in TurboTax the "personal days" only means AFTER it was converted to a rental.  In most cases that is zero.

Yes, you need to manually prorate the annual expenses such as mortgage interest, real estate taxes, insurance, etc.   But 2024 was a leap-year, it has 366 days.