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Updated almost 15 years ago,
Investment house - purchased in 2009, but not available to rent until 2010
Question on Taxes:
Bought an investment property in 2009. Spent time renovating the property and its ready to rent in March of 2010.
I believe I cannot begin depreciating this property on my 2009 taxes because the property wasn't available for use then.
Can I take depreciation starting in 2010 taxes? Even if things like Carpet and Stove were purchased in 2009?
Thank you.