Closing on STR on 12-20-23. Plan on putting into service in 2023. Write-off available

[Matthew Raines]

I am closing on my second STR on 12-20-23. I plan on purchasing a decent amount of furniture/supplies in 2023 to try and get it listed on Airbnb before 12-31-2023. If I am able to put it in service (i.e. have it listed on Airbnb), am I able to deduct these expenses in 2023 even if I don't get any bookings/income paid out by the end of 2023? It's a tight timeframe to squeeze in for the year. I am confident I can get it ready before year end but I realistically may not get any bookings/show any income in 2023.

Any insight would be greatly appreciated!