[Rivens]

Hi,

I’ve 2 questions on this:

1. Are ALL expenses related to this rental included? For example: lawn mowing, painting the walls, buying roach traps.

2. How does the deduction work if it’s a duplex you live in and also rent out? 1/2 mortgage deduction on Itemized and 1/2 on the schedule E?

-Tzzel

Brah u srs
FAR - 85
BEC - 77
AUD - 71 -> 61 -> 71 -> 67
REG - 75

[Anonymous]

You have to look at direct vs indirect expenses. If it's directly related to the rental, all is deductible (subject to material participation and agi limits) If it's indirect, prorate based upon square footage Then only allowed itemized deductions, such as taxes and interest.

[Author]

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