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Troubleshooting
My concern is I only rent %40 of the house sq footage - basically one room. But the issue is there is no way indicating how many percent I am renting - I don’t want to pay capital gain in the future as this is my primary residence and since it is a small sq ft is rented - it is exempted from capital gain. On Turbo tax there is no way of showing the percentage and I don’t want to have problem in the future. In the past my accountant could separate personal and rental expense so it was easier to provide the rental property percentage…
April 18, 2023
7:01 PM