Rental income cleaning, maintenance and repairs should be the 100% of the full cost. Why does Turbo Tax reduce the amount? This is not a depreciable expense.

[AnnetteB6]

This is most likely due to reporting personal use days for the property.  

If the rental property is used for personal purposes, then certain expenses are prorated between personal and business use.  Double check the accuracy of your personal use days in the Property Profile section for your rental property.  

[cassheff]

Thank you! I thought that might be part of the issue.  I double checked my personal use days which is 0.  The days rented is 241. Does it seem like this should be prorated?

[PatriciaV · Accepted solution]

Was the property listed for rent the entire year? If so, you would enter 366 rental days (for 2024).

Rental days are days when the property was either occupied by a renter, listed as available for rent, or days that you spent repairing and maintaining the property. This includes days when the property was vacant, as long as it was available to be rented.

Otherwise, your expenses will be prorated based on the percentage of "rental days" to the number of days in the year.

[thistle3976]

This response seems to contradict the statement in the Premier Software:

"During the period in 2024 the property was a rental, tell us how many days it was rented at a fair rental price and used for personal reasons. Don't include the days the property was vacant."

[cassheff]

I thought the same thing.  The property is a studio apartment above a standalone 2 car garage completely separate from the main home. The main home is single family. The studio apartment is the only piece of the property available for short term rental year round, the single family main home is not rented.  I entered the number of days it was rented. Then entered the full year number of days available for rent and there is no change in the calculation.

[DianeW777]

If you have a rental that is 100% for rental use, no personal use for any reason, then you should indicate all days rented in you rental activity.  This would mean that you should prorate manually any expenses that would apply to the entire property such as real estate taxes, insurance, mortgage interest and/or utilities.  You must determine if there are other shared items.

If it is not available to rent at fair rental value (FRV) for all days in the year or there was personal use during any period where it should be a rental, then all expenses not directly for the rental space should be prorated for the most part.

Test: If I add 266 rental days at FRV and zero personal days, miscellaneous and repairs expense is calculated at 100% of the amount I entered. Please  update with any details if you have more questions.

@cassheff 

@thistle3976