Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

56
Posts
3
Votes
John Boby
  • Rental Property Investor
  • LOS ANGELES, CA
3
Votes |
56
Posts

Rental property tax deduction

John Boby
  • Rental Property Investor
  • LOS ANGELES, CA
Posted

I purchased a house back in 2008 as a owner occupied, and spend about $50,000 for remodeling on it same time. From 2011 I converted this house to a rental investment house and stared to collect rent on it until now. Since during the remodeling time I was a living in the house i never did deduction on my tax returns. Now after 8 years am i going to be able to deduct that 50,000 from my tax return or increase my depreciation deduction on my tax return?  

Loading replies...