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Re: Income Tax Question
by anon
on October 21, 2014 @17:31
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It is 365 unless you are using the business rental as a personal residence or vacation home some of the time.
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Re: Income Tax Question
by Damon
on October 21, 2014 @23:15
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Even if I bought the house in June and didn't rent it out until September?
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Re: Income Tax Question
by anon
on October 22, 2014 @16:46
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If it was vacant from June to Sept you can use 365 days. If you lived there or vacationed there or let a friend live there for free you have to deduct that number of days from 365.
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