https://ttlc.intuit.com/community/taxes/discussion/schedule-e/01/2712130#M975344 <P>A live-in-landlord rented a 180 sq ft room from 11/1-12/31 to a tenant. The total sq ft is 1000 and the landlord purchased the home in August.</P><P>&nbsp;</P><P>2021 RE Taxes are $5,000</P><P>&nbsp;</P><P>Is this the right formula to deduct rental expense?</P><P>&nbsp;</P><P>$5,000 * 18% * 16%</P><P>&nbsp;</P><P>2/12=16% (days rented)</P><P>&nbsp;</P><P>And the balance is a personal expense?</P><P>&nbsp;</P><P>Thank you</P> Mon, 09 Mar 2026 09:48:47 GMT NS11356 2026-03-09T09:48:47Z https://ttlc.intuit.com/community/taxes/discussion/schedule-e/01/2712130#M975344 <P>A live-in-landlord rented a 180 sq ft room from 11/1-12/31 to a tenant. The total sq ft is 1000 and the landlord purchased the home in August.</P><P>&nbsp;</P><P>2021 RE Taxes are $5,000</P><P>&nbsp;</P><P>Is this the right formula to deduct rental expense?</P><P>&nbsp;</P><P>$5,000 * 18% * 16%</P><P>&nbsp;</P><P>2/12=16% (days rented)</P><P>&nbsp;</P><P>And the balance is a personal expense?</P><P>&nbsp;</P><P>Thank you</P> Mon, 09 Mar 2026 09:48:47 GMT https://ttlc.intuit.com/community/taxes/discussion/schedule-e/01/2712130#M975344 NS11356 2026-03-09T09:48:47Z https://ttlc.intuit.com/community/taxes/discussion/re-schedule-e/01/2712195#M975379 <P>I don't know about the other things, but 180 / 1000 = 18%, not 1.8%.</P> Mon, 18 Apr 2022 23:18:53 GMT https://ttlc.intuit.com/community/taxes/discussion/re-schedule-e/01/2712195#M975379 bosso3 2022-04-18T23:18:53Z https://ttlc.intuit.com/community/taxes/discussion/re-schedule-e/01/2712213#M975393 <P>Yes, you have the right formula for your expenses of the rental portion for the period space and time used as a rental.</P> Mon, 18 Apr 2022 23:20:42 GMT https://ttlc.intuit.com/community/taxes/discussion/re-schedule-e/01/2712213#M975393 DianeW777 2022-04-18T23:20:42Z