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Updated over 6 years ago,
Tax help! deductions for EOY and no rental income yet to offset!
HI Friends! Was hoping someone with experience could help. I just bought two duplexes in Cleveland and will have work done to them, there will be many expenses I have for 2018 as I just started an LLC and besides rehab, and tons of fees, I will also have spent deductions on learning, travel as well. Problem is I will have no passive income yet to offset the loss. I also am a full time employee. Any idea on how to capitalize on some of these expenses before the new year rolls around?
Thanks in advance!