Tax issues for converting house

Categories: Taxes

We hope to convert our double duplex to a triplex/garden rental layout. I do our taxes and research everything on the IRS website, but am not finding information on converting a house from 50% rental use to 25% rental use. I know, “see a tax professional”, but does anyone have experience with this so I can roughly estimate the tax implications as part of the conversion costs? Thank you.

By smokinbarn | 03/20/2009 12:24 PM