Colleen - Thank you - that is great. In doing a little research it looks like I will keep track of my mortgage interest, taxes, insurance and other expenses and prorate all for the number of days I rent it out as you mentioned. I guess Turbo Tax can handle all of that for me? I want to put in new flooring, paint, etc. - my research seems to indicate these would be improvements that I would need to depreciate over time. Could Turbo Tax also help me with that? Thanks so much for your quick and great first response!
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