Re: I bought a condo unit in 2021. It is considered a rental but I don't charge my relative any r...

I bought a condo unit in 2021. It is considered a rental but I don't charge my relative any rent. How do I show this in my taxes?

Turbo tax asks: Days I rented it for fair rental price, Days of personal use, or finally if I did not rent or attempt to rent the property at all in 2021? I paid the mortgage as if it was an investment property.

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You did not rent it in 2021 at all. It is considered personal use. See if you can itemize your deduction with any mortgage interest and property tax.

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I purchased a co-op unit that I rent out. Is the portion of the co-op monthly maintenance charge that goes to mortgage principal considered an expense for Schedule E?

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I bought a condo unit in 2021. It is considered a rental but I don't charge my relative any rent. How do I show this in my taxes?

I bought a condo unit in 2021. It is considered a rental but I don't charge my relative any rent. How do I show this in my taxes?

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I bought a condo unit in 2021. It is considered a rental but I don't charge my relative any rent. How do I show this in my taxes?

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