I lived in property
A Jan-May and AirBnB’ed it for 13 days.
I bought property B in March, and owned it for total of 303 days in 2015.
45/303 days were leased for free for sellers
15/303 days were in remodel.
92/303 days were leased at market price via AirBnB.
Do I need to report income
from property A?
For property B - Can I assume 70% / 30% split between personal
How to I capitalize/expense the following for property B
$28K in interest
= Property tax paid by me during 2015. (Correct?)
$10K remodel for which I have receipt
$10K remodel for which I have check photocopies
$4K furnace - for which I have check photocopy, but no receipt
$1000 utilities paid by me when property B was rented via AirBnB