New Rental Property - Days Rented Question

[andre_arrieta]

Hello,

I am setting up a new rental property for the first time I purchased on 10/23/2024 and I am a bit confused on the question "Was the house rented every single day in 2024?". If I select "Yes ->Yes it was", it then says it was rented for 366 days when in fact it was only available for rent for 69 days, that being from the date of purchase to the last day of the year. Alternatively I can select No and then enter 69 days under fair rented days.

The question reads like its asking if the property was used as a rental 100% of the time or if personal use was mixed in but then the question also reads like its asking how many days specifically it was available for rent if not the entire year.

Which of the two options would I pick in this scenario?

Thank you!

[MinhT1]

You should enter 69 days as Fair rental days. If you have no personal use days, then enter 0 for personal use days.

Please read this IRS document for more information.