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- Re: How to enter rental property that is part year airbnb and part year long term rental
How to enter rental property that is part year airbnb and part year long term rental
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david3
Level 8
yesterday
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New client has a rental property that was an Airbnb. The city ordinance no longer allows property to be rented as an Airbnb.
The property became a long term rental in October.
Is there a way to split the other passive exception and the passive activity on Schedule E. I can't find any instructions in PS as to how to do this.
Thank you.
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TaxGuyBill
Level 15
yesterday
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Off the top of my head, my first inclination is to enter it as two properties (one for the first part of the year and the second for the second part of the year).
