I agree that there needs to be a way of apportioning expenses in the rental schedule. there are so many people with short stay rentals who use the house themselves for part of the year and therfore need to apportion costs across business/personal. Your work around is to calculate the percentage in a separate document then enter the apportioned costs into the return. This is not good for the client as they don't see the full costs reported anywhere and also makes it hard when depreciating assets are in the schedule and the percentage work related changes each year - there should at the very least be the option to apportion for these items from gross to net. I'm sure this was possible in past years, it must have changed in the 22 return?
I agree that there needs to be a way of apportioning expenses in the rental schedule. there are so many people with short stay rentals who use the house themselves for part of the year and therfore need to apportion costs across business/personal. Your work around is to calculate the percentage in a separate document then enter the apportioned costs into the return. This is not good for the client as they don't see the full costs reported anywhere and also makes it hard when depreciating assets are in the schedule and the percentage work related changes each year - there should at the very least be the option to apportion for these items from gross to net. I'm sure this was possible in past years, it must have changed in the 22 return?