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Updated over 4 years ago,
Can I tax deduct my current property repairs
My question is I have a property that I am repairing and renovating to become a future rental within the next year or so. I think that I should be able to write off the expense of renovating, as it will become a rental? Can anybody clarify what I might need to do or if that's possible? I would think it wouldn't be any different than a house hack, as that's what I plan to do in the future is house hacking.