What portion of property taxes deduct against rental vs personal?
In Mar 2016 I began renting my home for 11 months until Jan 2017. The house was my own residence before and will be my home residence afterwards. In 2016 I paid one of my property taxes installments for 2015 and I paid both installments for July 2016 to July 2017. So that's 1 1/2 years worth of property taxes all paid in 2016. My question is can I apply ALL of it as business rental expense or must I prorate it and enter the rest of it as a personal deduction?