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Please allocate the expenses. You may do so based on the number of months that the property was used for rental. If 3 months out the year the property was a rental, then 1/4 of the mortgage insurance, real estate tax and mortgage interest would be allocated to rental and entered as your rental expenses; enter the remaining portion under Deductions & Credits, Your Home.
Please allocate the expenses. You may do so based on the number of months that the property was used for rental. If 3 months out the year the property was a rental, then 1/4 of the mortgage insurance, real estate tax and mortgage interest would be allocated to rental and entered as your rental expenses; enter the remaining portion under Deductions & Credits, Your Home.
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