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Level 1
posted Feb 23, 2021 6:57:34 AM

I lived in my property for 6mo and rented the remaining 6mo. I had garden service for duration of rent at 50$/mo. Should i use $300 for maintenance cost (TT says 150)?

Should i amortize the gardening service cost across the whole year even though i didnt use while the home was primary residence

0 3 322
3 Replies
Expert Alumni
Feb 23, 2021 7:32:17 AM

No you will not need to extrapolate the cost over the year.  The amount entered for the deduction ($300) is proper. 

 

What is probably happening is when setting up the rental property in TurboTax you added some personal use days; probably 1/2 the year.  The personal use days are only days you personally used the property while it was a rental

 

Once the property became a rental, 1 Jul, for example, then there were probably no more personal use days.  Assuming you did not use the home yourself while it was a rental, you should enter zero personal use days.  

 

Revisit the "Rental" property topic.  Under the "Rental Type and Usage" section "Edit" the "Days Rented".  Blank out or "zero" the personal use days.   

 

Then when you enter the expenses they will not be reduced by any personal use days if that is the case.

 

 

 

 

Level 1
Feb 23, 2021 7:37:52 AM

Thank you very much!

If I enter personal days 0, how will turbotax handle insurance premium and mortgage interest? Do I need to manually calculate for 6mo period?

 

Expert Alumni
Feb 23, 2021 7:43:49 AM

I always prefer to do the math myself in this situation where it is personal for part of the year. That way, you don't have to second guess any entries again.