Purchased a duplex - Rent 100% of side A. (Original tenant finally moved and that side of the home needed everything redone to the studs, electric, hvac...everything. I live on Side B and have had a roommate pay me rent. Do I treat both sides of this one property as separate rentals? Therefore adding personal days to the schedule E for side B as well as days rented for the year?
And if Turbotax calculates this amount automatically for a duplex what number is being used, because side A should be 100% and side B (my side) should be 25% in my honest opinion, not 50%.
I would appreciate all help. Thanks in advance.