I own a triple decker home. My 1st floor was rented all year. My 2nd floor was vacant for 6 months. What number do I enter for "Fair rented days?"

arelli555 — Wed, 17 Mar 2021 21:43:35 GMT

Re: I own a triple decker home. My 1st floor was rented all year. My 2nd floor was vacant for 6 m...

ToddL99 — Wed, 17 Mar 2021 22:04:01 GMT

Enter each floor as a separate rental property.

This will allow you to accurately enter "days rented" for each of the units.

"Days rented" for the first floor will be 365, "days rented" for the 2nd floor will be 182 (or close to that).

Re: I own a triple decker home. My 1st floor was rented all year. My 2nd floor was vacant for 6 months. What number do I enter for "Fair rented days?"

Carl — Wed, 17 Mar 2021 22:04:32 GMT

I'm taking note you've haven't asked all the questions on this that you "probably" should. But then, maybe you don't need to. The below clarification should help.

Date of Conversion - If this was your primary residence or 2^nd home before, then this date is the day AFTER you moved out, or the date you decided to lease the property – whichever is later.
In Service Date - This is the date a renter "could" have moved in. Usually, this date is the day you put the FOR RENT sign in the front yard.
Number of days Rented - the day count for this starts from the first day a renter "could" have moved in. That should be your "in service" date if you were asked for that. Vacant periods between renters count also PROVIDED you did not live in the house for one single day for any type of personal pleasure use during said period of vacancy.
Days of Personal Use - This number will be a big fat ZERO. Read the screen. It's asking for the number of days you lived in the property AFTER you converted it to a rental. I seriously doubt (though it is possible) that you lived in the house (or space, if renting a part of your home) as your primary residence, 2nd home, or any other personal use reasons after you converted it to a rental.
Business Use Percentage. 100%. I'll put that in words so there's no doubt I didn't make a typo here. One Hundred Percent. After you converted this property or space to rental use, it was one hundred percent business use. What you used it for prior to the date of conversion doesn't count.

topic I own a triple decker home. My 1st floor was rented all year. My 2nd floor was vacant for 6 months. What number do I enter for "Fair rented days?" in Investors & landlords

I own a triple decker home. My 1st floor was rented all year. My 2nd floor was vacant for 6 months. What number do I enter for "Fair rented days?"

Re: I own a triple decker home. My 1st floor was rented all year. My 2nd floor was vacant for 6 m...

Re: I own a triple decker home. My 1st floor was rented all year. My 2nd floor was vacant for 6 months. What number do I enter for "Fair rented days?"