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View Full Version : Rented for 3 months, lived for 8, how do I file for taxes?


nikasa06
Mar 16, 2010, 05:12 PM
I lived in my house for 8 months, then rented out for 3. How do I file in my 1040 my mortgage int and real estate taxes?

ebaines
Mar 17, 2010, 10:45 AM
You report income and deduct expenses for business property on Schedule C - this will cover the 3 months that you rented out the house. For the period prior, when you were living there, you deduct interest and real estate taxes on Schedule A.