700520
If 3 out of 4 bedrooms in my home are available for rent all year but occasionally vacant with no personal use, would that be 1,065 fair rental days (3 X 365) or do you combine the rooms to 365 fair rental days?
You'll need to sign in or create an account to connect with an expert.
You can enter the actual days rented, or 365 (366 for 2016).
If you will ever use one or more rooms for personal use, you may want to report them as separate rental properties. If they will always be only for rent, lumping them together is fine.
Are they rented out long-term, or short-term? Do you provide any "services", such a cleaning their rooms, meals, or concierge services? If services like that are provided, it may be a Schedule C business, rather than a Schedule E rental property.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
lizmckanna88
New Member
jschwar313
Level 1
Bill_the_Scrooge
Level 1
aprilshowersrt75
New Member
JTMyers8642
Returning Member