LongBeachCPA
Level 1

There is another rule (used for vacation homes) - called the Bolton Rule.  Approved by Tax Court, and NOT in IRS publications. To make it work in Lacerte you must use a side computation to obtain the rental percentage, and enter it as an override. Lacerte follows the IRS publication for it computations. (I know, I sent in a query to Lacerte, and received this reply).

Good Luck.

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