General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
moving into my rental property to renovate
I currently own an older rental property. The lease has ended for my tenants and i want to move into it for about a year to renovate it, and later rent it out again at a higher price. Am i able to write off any renovations in my taxes if i am living in it since it will not be producing me any income while i am residing in it?