Expenses for Partial Year Rental Property
In 2024, I had a property that we lived in for January and February, then rented out starting 3/1/2024 through the end of the year. Thus, I figured I had 60 days of personal use of the property and 306 days of rental use, about 83.6% rental use.
My question concerns the allocation of expenses for the rental property between personal use and rental use. I noticed that FreeTaxUSA says that it will allocate several rental expense categories between personal and rental use based on that rental use percentage: cleaning & maintenance, insurance, mortgage interest paid to banks, repairs, supplies, real estate taxes, utilities, and other interest paid.
For example, I am wondering about necessary repairs that were performed later in 2024 while the house was being rented. I'm thinking these expenses shouldn't be prorated at all, since they were incurred entirely while the house was a rental. If I wanted the software to account for the full amount of those repairs, what would be the best way to go about that?