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Updated about 4 years ago on . Most recent reply presented by

Eric Schroeder's profile image
Eric Schroeder's profile image
Eric Schroeder
  • from Loveland, Colorado
  • Member since Oct 29, 2016
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User Stats

17
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6
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Eric Schroeder's profile image
Eric Schroeder's profile image
Eric Schroeder
  • from Loveland, Colorado
  • Member since Oct 29, 2016
Connect
Eric Schroeder
  • Loveland, CO
6
Votes |
17
Posts
Tax, SDIRAs & Cost Segregation

Taxes on Future Rental Property

Eric Schroeder
  • Loveland, CO
Posted

The home I'm currently living in will become my first rental at the end of January 2021.  I have it listed now on multiple sites and put a lot of rehab into it in the 2020 year.   

Since it was not a rental in 2020, am I able to list capital expenditures during the year of 2020 on my taxes when I file in 2021?  I hope that makes sense and I appreciate any advice! 

  • Eric Schroeder
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