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Basement suite rental


bevinb

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We rented out our basement.  Our house is a split level so does not have a full basement.   I calculated the rental space is 20% of our living space.  So what do I enter to answer the question "% of personal use of your rental property"?  80% or 20%?  

Next, when entering the expenses do I then enter the full amount and the program calculates the 20%?   e.g if I paid $2000 property taxes, do I enter $2000 or $500?

 

Hopefully someone has some experience with this and can help. 

 

TIA, Bevin B.

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