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 6 years ago,

User Stats

23
Posts
4
Votes
Sergio Rodriguez
  • Fort Worth, TX
4
Votes |
23
Posts

Deducting Home Renovations After Moving and Renting Out Home

Sergio Rodriguez
  • Fort Worth, TX
Posted

BP Forum,

This question pertains to deducting my home renovations for renting a room and renting the house a year from now. 

I live in a 1300 square foot, 3 bed, 2 bath house. I moved in March 2017 and have updated all the flooring, all the windows, painted, replaced trim, adding gutters, rehabbed the guest bathroom and there’s more to come over time. 

I know that I can deduct the guest bedroom and guest bathroom since I have a tenant renting the room. But, can I deduct all other update/rehab expenses if I choose to rent the house in 2019, assumingg costs were incurred in 2017 and 2018. 

Thanks all! 

Sergio 

Loading replies...