Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on .

User Stats

1
Posts
0
Votes
Anne Perial
0
Votes |
1
Posts

First Rental - Eligible Expenses for tax deduction?

Anne Perial
Posted

Hi, I live in a condominium. I bought another unit in the same building and moved into it in September. Due to the rental cap, I had to wait to rent my previous unit. Finally got the OK to list in December. In January I repainted the unit, and had the carpets cleaned. My realtor ended up finding a tenant, whose lease started in February. My question is could I claim any losses due to not be able to rent my unit sooner? What about all the expenses associated with purchasing materials/equipment to get the rental ready?