Primary residence is a multi-family rentalSubmitted by davedish on Wed, 11/02/2016 - 10:08
Hello, I am planning to purchase a 3-family home and use one unit as my primary residence while using the other two units as rental property. How do I account for this in ESPlanner Plus? Currently I've created my primary residence as a rental with a token rent ($10) and put the entire residence in the Real Esate section, but I wonder if this will account for it properly. In reality, I should be able to deduct mortgage interest for the portion I will be occupying, and I don't think this method would do that.