Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
TinkerBell01
Level 3

What type of rental do I select if I rent out my basement in the home I live in? A door on the main level goes to the basement. Do I select "Single or Multi-family?"

There is a separate entrance outside to the basement but it can also be accessed through a door on the main level of the home. I am using TurboTax Premier. 

1 Best answer

Accepted Solutions
MinhT
Expert Alumni

What type of rental do I select if I rent out my basement in the home I live in? A door on the main level goes to the basement. Do I select "Single or Multi-family?"

Your home is a single-family home which is partly rented.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
MinhT
Expert Alumni

What type of rental do I select if I rent out my basement in the home I live in? A door on the main level goes to the basement. Do I select "Single or Multi-family?"

Your home is a single-family home which is partly rented.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Dynamic AdsDynamic Ads
Privacy Settings
v