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Updated about 4 years ago on .
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House Hacking Taxes
Greetings, I have seen questions about house hacking taxes before, but none that have answered this specific question:
I am filling out the depreciation section of the Schedule E.
The property is a four family, I live in one. I understand that I cannot claim depreciation on my own unit. My question is, how do I answer the following question?
Enter the number of days the property was rented at fair rental value
___________________
Enter the number of days the property was used for personal purposes
___________________
We owned the four family for 164 days in 2020, so if we answered the questions literally, I would say 164 for both. However, many people on here have stressed the importance of 15 days.
Do I just answer 164 for each question of is it something more complicated? Thanks
Most Popular Reply

- CPA, CFP®, PFS
- Florida
- 3,278
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If this is quadplex, you don't have personal use on the units you rented. So just put down the days the other units were rented.
- Ashish Acharya
- [email protected]
- 941-914-7779
