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Updated over 2 years ago,
Generic tax question
Hello everyone- need some tax advice and my accountant did not know the answer ( he does not do much real estate accounting). I have listed my home for rental- I lived in it for the last 5 years and have moved 6 months ago for work. It has been on the rental market for a couple of months. If this rental property remains listed but not rented, can I still deduct mortgage interest, property tax, operating expenses, operating expenses, depreciation and repairs etc... or does there have to be a renter occupying the property?
thanks for everyone's help!