topic Deducations for short term rental of primary residence in Deductions & credits

Deducations for short term rental of primary residence

Eric10598 — Mon, 23 Feb 2026 13:12:49 GMT

I rented my enitre primary residence for 20 days last year.
I paid $7200 in mortage interest.
I have $3600 in property taxes.

Should these also be listed on Schedule E and pro-rated? or depreciated? Or do I just make them the standard itemized deduction for mortgage and taxes (ignoring the standard deduction for now)

Re: Deducations for short term rental of primary residence

Anonymous_ — Mon, 06 Feb 2023 17:43:49 GMT

@Eric10598 wrote:
Should these also be listed on Schedule E and pro-rated? or depreciated? Or do I just make them the standard itemized deduction for mortgage and taxes (ignoring the standard deduction for now)

It will almost certainly be much easier, under these circumstances, to report this as having rented your residence not for profit.

See https://www.irs.gov/publications/p527#en_US_2022_publink1000219162

Re: Deducations for short term rental of primary residence

Eric10598 — Mon, 06 Feb 2023 17:48:06 GMT

and to be clear, this also applies when I lived in the property for 340/365 days of the year?

Re: Deducations for short term rental of primary residence

Anonymous_ — Mon, 06 Feb 2023 18:15:08 GMT

Yes