TaxGuyBill
Level 15
09-29-2024
05:40 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
@jerry wrote:
You're right, I read right past the "is used during the taxable year." My bad.
But I just now tried playing with Lacerte and put in 1 personal use day. It still gives me a deductible loss....
Is used as a RESIDENCE. You'll want to look at §280A for the definition of "residence" (it involves more than one day).