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Investors and rental owners
Thanks for your time and responses.
Sorry, I am bit confused. I rent my primary residence for 6 weeks on Airbnb in the summer, for which I am entitled to write off a percentage (days for rent/365) of things like my interest on my mortgage, property taxes, cable, internet, etc...to the tune of $43,000 (my allowable percent being $4300). I am understanding correctly that turbo tax does not allow me to enter those deductions anywhere, and as a result I am simply to pay more tax?
‎April 30, 2024
1:39 PM