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Updated almost 2 years ago,
Repairs done prior to "In Service" date of rental home
Hi, I am looking for help on the following situation, appreciate any suggestions
Last year 2022 was the first time we rented our home, we moved out on 06/02/2022 and gave it to a property manager. The Property manager has done some repairs (paining, cleaning etc) and posted for rent on Zillow on 06/20/2022 (the in service date).
Now the question is, can the cost of repairs done between 06/02 to 06/19 be dedicated as expenses when filing taxes? even though the repairs are before the in service date, but they are in the same month, so would they qualify as deductible rental expenses?
Thanks,
Ed