When I rented my home only part of the year, how do I show rental-only expenses versus shared year-round expenses in Turbotax Desktop?

I rented my place with Airbnb 49 out of 365 days in 2023.

In Turbotax Desktop, how do I distinguish rental-only expenses such as:

- A cleaning service to clean between and after short-term rentals.
- Supplies for gift basket
Cleaning supplies solely for the rental
- Repairs directly due to guest damage
- Replacement directly due to guest damage or theft
- Utilities only during guest rentals ( or do I say 49/365 of the total utilities for the year?)

How do I distinguish shared Guest AND homeowner expenses such as:

- General repairs
- Homeowners association
- Legal for the property, not necessarily rental.
- Cleaning supplies shared for the year

Turbotax 2023 Desktop gives me these categories, and I cannot tell which of them are prorated. Or how to indicate proration within the categories.

Advertising
Supply
Utility
Maintenance
Repair
Management
Legal

19990

New Member

Dec 5, 2024 3:23:48 PM

Keep clicking through rental expenses until you get to Miscellaneous. Then Itemize items as "Rental-Only" as listed in your question (Rental Expenses 1-6)

For these parts of the walkthrough

Advertising - Enter the costs for the year and assume NOT pro-rated.
Utility - Specify utility costs ONLY for the rentals. (I did it both ways and the federal refund did not change. )

For these parts of the walkthrough, enter shared costs for the year, and specify "Rental-Only" costs separately in the Misc expenses at the end.

Supply -
Maintenance
Repair
Management
Legal (I am guessing this is annual, not shared. I could be wrong)

I am not 100% confident in my answers and appreciate anyone else's perspective.

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When I rented my home only part of the year, how do I show rental-only expenses versus shared year-round expenses in Turbotax Desktop?