Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
czajkp123
New Member

I live in my triplex full time. The other two units are rented. One had vacancy of 4 months. What do I say for days rented?

Units 489, 491, and 493 are all part of a single property triplex I own.  I live in unit 491 full time all year.  Unit 489 had 4 months vacancy.  Unit 493 was rented full time all year.  What do I say for days rented for this property?
3 Replies
DoninGA
Level 15

I live in my triplex full time. The other two units are rented. One had vacancy of 4 months. What do I say for days rented?

If it was available for rent, even if not actually rented, then use the whole year for the time rented.

ratings image
Critter-3
Level 15

I live in my triplex full time. The other two units are rented. One had vacancy of 4 months. What do I say for days rented?

Hopefully you have entered the 2 rental units  as individual units on the Sch E then these days rented questions  should be easy to answer.  And your unit should not even be mentioned at all.  Then all the common expenses should be divided accordingly and the rental portions entered on the Sch E properly.  

Carl
Level 15

I live in my triplex full time. The other two units are rented. One had vacancy of 4 months. What do I say for days rented?

The only time that "days rented" comes into play, is if you have any days of personal use. If the property was vacant for 4 months and available for rent during the period of vacancy, and you did not use that vacant property for any personal use for one single day of the entire tax year, then it was rented the entire tax year.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.49m
Members

2.63m
Discussions

Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~