When entering real estate taxes for a property that was converted to a rental property in July, do I submit the entire year of taxes or calculate only 6 months worth?

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If you started renting your property only in July 2019, you can only deduct rental expenses from that date: half of the property taxes, half of mortgage interest.

The other half can be deducted under Deductions & Credits - Your Home.

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I own a residential rental property and it functions under DBA. I converted it from DBA to LLC in July 2023. How do I report this on my 2023 tax return?

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When entering real estate taxes for a property that was converted to a rental property in July, do I submit the entire year of taxes or calculate only 6 months worth?

When entering real estate taxes for a property that was converted to a rental property in July, do I submit the entire year of taxes or calculate only 6 months worth?

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Do you have a TurboTax Online account?

When entering real estate taxes for a property that was converted to a rental property in July, do I submit the entire year of taxes or calculate only 6 months worth?

Do you have an Intuit account?

When entering real estate taxes for a property that was converted to a rental property in July, do I submit the entire year of taxes or calculate only 6 months worth?

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