topic Rental expenses in Investors & landlords

Rental expenses

nfeinstone — Thu, 06 Jun 2019 13:29:20 GMT

I own a 2 flat property.  I live in the top unit and rent out the bottom unit.  How much shared expenses do I allocate to the rental unit on schedule E?  There is a note in Turbotax that says enter 100% because we allocate the amount for you.
- If I enter my mortgage interest and home insurance in this section won't it be double counting the deduction?
- Do I enter 100% of shared utilities or yard maintenance?
- What if an expense is purely related to the rental property and not shared (e.g. cleaning service just for the downstairs unit)?  How much do I allocate?

https://ttlc.intuit.com/questions/3753675-is-owning-a-duplex-and-renting-out-half-considered-operating-a-business">https://ttlc.intuit.com/questions/3753675-is-owning-a-duplex-and-renting-out-half-considered-operating-a-business</a>

https://ttlc.intuit.com/questions/3889947-i-own-a-duplex-...

SweetieJean — Thu, 06 Jun 2019 13:29:22 GMT

https://ttlc.intuit.com/questions/3889947-i-own-a-duplex-and-i-live-in-one-half-and-rent-out-the-oth...