turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Cost segregation duplex

I live in a duplex as a primary residence. Can I do a cost segregation the unit I do not live in? That unit Willie an airbnb. plan to make 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
Juliane22
Employee Tax Expert

Cost segregation duplex

Hi am120!

Yes, you can allocate your expenses for the duplex based on square footage. If they are the same size, you would just deduct 50% of mortgage interest, property tax, etc. for the airbnb. 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Cost segregation duplex

For a duplex, Can I have one unit that is short term rental and the other long term? Will they depreciate the same?

Juliane22
Employee Tax Expert

Cost segregation duplex

You can rent them both out, one as short term and one as long term. They would be treated separately on your tax return and depreciation would depend on how many days the short term rental is rented.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question