NEED HELP ASAP - tax deduction on rental property

[Kim R.]

hi everyone,  

i could really use some help.   i moved abroad last july and rented out my home in CA. therefore, i was in the home for 6 months and rented out for 6 months.   i am trying to do my taxes on Turbotax right now and i am so confused about the choices in tax write offs for the rental.   when i go to enter Property Tax and Mortgage Interest on the property, do i just enter the total amout of Interest and Tax, divide that by 12 and multiply by the months i had the property rented?  the answer should be about 1/2 for both amounts since i lived in the home for 6 months and rented out for 6 months.  does that sound right?   i desperately need some advice before the deadline for taxes next week.   any advice would be greatly appreciated.  thank you so much for reading!  :-)

[Al Wilson]

Send this one to your CPA. That's what he or she gets paid for. Too important not to get it right.