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Updated about 6 hours ago,

Brian Kohtz's profile image
Brian Kohtz's profile image
Brian Kohtz
  • Rental Property Investor
  • from Thornton, CO
  • Member since Feb 11, 2019
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User Stats

9
Posts
7
Votes
Brian Kohtz's profile image
Brian Kohtz's profile image
Brian Kohtz
  • Rental Property Investor
  • from Thornton, CO
  • Member since Feb 11, 2019
Connect
Brian Kohtz
  • Rental Property Investor
  • Thornton, CO
7
Votes |
9
Posts
Tax, SDIRAs & Cost Segregation

First Rental Tax Implications

Brian Kohtz
  • Rental Property Investor
  • Thornton, CO
Posted

Hello all.  My wife and I finally found our path to our first rental! We bought a new primary house in November and had a rental contract on our old house that started Jan.1 2025.  I plan to consult a tax professional but before wasting anyone's time I would like to ask whether I can technically claim the property as a rental in 2024 even though our first contract started Jan. 1, 2025?

Thornton, Colorado
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