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Residence to rental in May. How to apply insur/tax expenses?
Last May, I converted my residence to a rental property, so it was technically a rental property from May to December. In November, I paid my 2017 County tax bill.
When filling out my Schedule E, should I divide my tax bill by 12 months, and only claim May - December on my Schedule E? Or should I claim it all, since the payment happened during the rental period?
I have the same question about the Hazard Insurance payment as well.