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posted Mar 18, 2025 2:42:29 PM

Rental Income from 2 family 2nd home

I have a 2 family second home where I rent one half and use the other half for personal use.Can I claim half my rental expense including half my depreciation on schedule e

 

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Employee Tax Expert
Mar 18, 2025 2:48:45 PM

You can claim depreciation expense for the half of the property that you are renting out on your rental Schedule E, where you report your rental income.