Should I advertise a rental that is not ready for tax reasons?

[Rachael Collins]

Hello,

I have a rental (in California) that won't be ready for a few months (we have done the rehab ourselves) and have been told by an accountant that I need to advertise it before the end of the year in order to show "intent to rent". I have a few questions that I would love to get some insight on:

1. Is it true that I need to advertise within the calendar year in order to receive the tax benefits?

2. If it is advisable to advertise now - how can I do so and not waste my or the potential residents time if it will be 60-90 days before the house is ready. I don't want to show it until it is appealing and can attract the most desirable residents.

Thanks All!!