Schedule E or A?

[Mike V.]

May seem like a dumb question but I am an out of state investor and purchased 2 investment properties at the end of 2022. Both have not been put into service in 2022 but have underwent repairs in 2022 into 2023.

-Can I file these using schedule E even though they were not put into service in 2022? If not should I use a schedule A for the taxes, insurance, mortgage interest paid in 2022 for both?

-What about the costs of the repairs made in 2022?

-Do I need report the purchase of the properties to the irs this year and how? (Assuming I am not able to file a schedule e)

Thanks in advance