Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on .

User Stats

1
Posts
0
Votes
Paul Bruso
0
Votes |
1
Posts

Converting Primary Residence to Rental Property within the Tax yr

Paul Bruso
Posted

I recently moved out of my primary residence and into a rental property. I am renting my primary residence and will convert it to a rental property. My question is, I made this change on 8/31/2018 so, for most of the tax year it was my primary residence. Does that mean I have only 4/12 (Sep-Dec) rent, expense, depreciation on the Schedule E and I take 8/12 of the mortgage interest as a deduction for when it was a primary residence? 

Thanks,

Paul B