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We starting renting our house mid-year. A small amt of the depreciation was allocated towards a vacation home limit loss. I don't understand why. Please explain.
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We starting renting our house mid-year. A small amt of the depreciation was allocated towards a vacation home limit loss. I don't understand why. Please explain.
You probably included personal days. Unless you used the home as a residence, there were no personal days. Say that you rented it all year.
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We starting renting our house mid-year. A small amt of the depreciation was allocated towards a vacation home limit loss. I don't understand why. Please explain.
So do I put zero personal days? We lived there up until the time it was rented.
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We starting renting our house mid-year. A small amt of the depreciation was allocated towards a vacation home limit loss. I don't understand why. Please explain.
Just to confirm, I should put zero days of personal use, even though we lived there for 212 days, and was rented for 153 days. And the we owned it for 365. Is that correct? Or are you saying we should should say it was rented all year when it really wasn’t?
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We starting renting our house mid-year. A small amt of the depreciation was allocated towards a vacation home limit loss. I don't understand why. Please explain.
Hi, can you please confirm what I enter if we lived in the home until we rented it. Are they personal days if we did live there until it was rented?
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We starting renting our house mid-year. A small amt of the depreciation was allocated towards a vacation home limit loss. I don't understand why. Please explain.
Yes. You did not have personal days co-mingling with rental days. It was converted from personal to rental. It was not rented all year. For the amount of time it was rented, it was fully a rental property.
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