How to report rental expenses when rental property was used by taxpayer for 6 months

[hgtc]

Taxpayer owns a residential rental property.  In 2021, they used personally from Jan to June (adult kids lived there) and rented from July to December (is still renting out right now.)

How should we depreciate the property and report rental expenses?  Should we prorate based on the % of personal usage vs tenant occupied?

[IRonMaN]

Sounds like the date put into use was somewhere around 7/1.

[hgtc]

Forgot to mention that it has been rented since 2010.  So, I should allocate only 50% depreciation/other expenses for tax year 2021?

[PhoebeRoberts · Accepted solution]

You might see if the Vacation Home rules apply.