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Mixed use property, change in days rented from prior year, less than 15 in 2019

Hi,

 

Hopefully this is a real simple answer, like "delete the schedule"

 

Situation :  I've had a vacation property that I rent and use personally for 3 years.  The first two years I rented it out more than the amount of days necessary to complete a Schedule E (15 I think).  Because of this, in 2017 and 2018 tax years I filled out a schedule E, included rental income, offset by % of expenses based on rental/personal use.

 

In 2019, I've rented the property out less than 15 days.  I did fill out all the information in Turbo Tax as if I was going to report the net income, but Turbo Tax flagged the entry because the days rented was less than 15.

 

To fix this, do I just delete the whole Schedule E from my return?

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3 Replies
ColeenD3
Expert Alumni

Mixed use property, change in days rented from prior year, less than 15 in 2019

I wouldn't do that, as you may need it again. It would be easier to back out the income as an expense citing "fewer than 15 days usage".

Mixed use property, change in days rented from prior year, less than 15 in 2019

OK.  I can see where that would be useful.  The problem is that Turbo Tax will throw an error on the Days Used field if I apply the proper days rented.  Do I just put 15 there?  Or just figure that I will live with the error on Turbo Tax and ignore it?

ColeenD3
Expert Alumni

Mixed use property, change in days rented from prior year, less than 15 in 2019

Unfortunately, some times you have to trick the program to get it to do what you want. I just back through the rental and left our personal days, and did not touch any other category. I was able to pass through the review.

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