How to file taxes on an investment property paid in cash.

[Jimmy P.]

So this summer I bought an investment property with cash. I paid for everything with cash including a total rehab of the property. The property has just now been finished so I didnt have any rental income or anything like that from it.

What I am wondering is can I deduct the amount I put into the property? Partial amount? I do not do this full time or have an LLC or anything like that. I also live in Michigan if that matters. Thanks a lot guys and gals!