What's Happening When You Rent Out Your Residence?

The losses are capped to income, right? So you you can offset your income, but that's sit you can't go and claim big losses. But what you're saying here is that i could also have like a fourth bedroom that i put like, a key cardr a smart lock on the door, and nobody ever enters it unless you're a paying customer. And i rent that room out on a short term basis. Even though it's part of my residence, my one big unit, my one dwelling unit, that specific room can be treated completely separately. It's not subject to these rules.

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