topic Does the fair rental price section apply to my situation if I rent my home to my cousin? in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/does-the-fair-rental-price-section-apply-to-my-situation-if-i-rent-my-home-to-my-cousin/01/665069#M29139 Thu, 06 Jun 2019 09:54:30 GMT south-carolina 2019-06-06T09:54:30Z Does the fair rental price section apply to my situation if I rent my home to my cousin? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/does-the-fair-rental-price-section-apply-to-my-situation-if-i-rent-my-home-to-my-cousin/01/665069#M29139 Thu, 06 Jun 2019 09:54:30 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/does-the-fair-rental-price-section-apply-to-my-situation-if-i-rent-my-home-to-my-cousin/01/665069#M29139 south-carolina 2019-06-06T09:54:30Z Yes, it applies to all rental situations, including your... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/yes-it-applies-to-all-rental-situations-including-your/01/665074#M29140 <P>Yes, it applies to all rental situations, including your situation. Any day you rented your home to anyone, including your cousin, for lower than fair rental price is considered a day&nbsp;of personal use, and the deductions for these personal days are limited. TurboTax uses the information you provide to determine the correct amount of rental deductions for your situation.</P><P> <BR /> </P><P>For more information, see&nbsp;<A href="https://www.irs.gov/pub/irs-pdf/p527.pdf" rel="nofollow" target="_blank">IRS Pub 527, Residential Rental Property</A>.</P> Thu, 06 Jun 2019 09:54:31 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/yes-it-applies-to-all-rental-situations-including-your/01/665074#M29140 LindaA 2019-06-06T09:54:31Z