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Updated almost 5 years ago,
Primary Home to Rental, tax-wise repair now or wait until I move
My wife and I are looking to move out of our starter home into a bigger house. I have some minor repairs, paint, and possibly a small to medium roof repair. We're waiting for a roofer friend to come give us a quote. My question is should I wait to complete all repairs until I move out to take advantage of any tax deductions or repair my home while living in the house so I could get the renter in as soon as I leave. Gross cashflow $600-650/month.