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Updated about 4 years ago,
Tax Depreciation on Rental improvements: But we lived in home
We bought a property. SFH in south Florida. We've moved in and are redoing the floors and kitchen and some other things. Well, my job is relocating and we will have to turn this home into a rental come Spring/Summer after living there for 6 months while we improve it.
Maybe a dumb question but can I get any tax benefits from this remodeling if I lived there but it becomes a rental?