Need help with airbnb taxes!

[Sara Frank]

Hi all - I bought a primary residence in 2021 and I am renting the basement as a private guest suite on airbnb. I spent a couple grand furnishing it and getting it ready and the first booking was in late December of 2021. Am I able to deduct those set up expenses from my 2021 taxes? What is the best way to do that. Thanks so much in advance.