When entering rental expenses like real estate taxes, homeowners insurance, mortgage interest etc, Do I have to prorate them for the duration the property was on rent?

Forum|Forum|2 months ago
April 15, 2026
1 reply
264 views

First time renting my property. Before listing it for rent, this was my primary residence for part of the year. There were months where I moved out of the property but it wasn't leased yet. Do those count towards the proration?

TurboTax Online

PatriciaV

Level 15

Report only the expenses that relate to the period when the property was available to be rented (even if you had no tenants). For example, if you lived there until the end of June and paid $1200 for insurance, you would report 6/12 x $1200 = $600 insurance for the rental.

If the property could be rented but you had no tenants, that time does count for the time the property was a rental.

If you need extra time, filing an extension by April 15, 2026, moves your submission deadline to October 15. But remember any taxes owed are still due in full by the original April 15 date.

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