I rented my vacation home for 70 days in 2019 and used it 50 days for personal use. When calculating the deduction for HOA and POA fees, do I deducted 56% (%rental use of total use 126 days) or 19% (% of rental use for the calendar year,365 days)?

149

Level 15

Jan 25, 2020 9:50:47 AM

You generally divide your total expenses between the rental use and the personal use based on the number of days used for each purpose.