Tax deductions on a remodel for a future STR while living in it.

[Derek Buehner]

I currently live in a single-family primary residence. Next year, I plan to purchase a second home and move into it. I intend to rent out my current home as a short-term rental. Before listing it on an STR platform, I need to make some improvements to my current home.

How can I maximize tax write-offs for these improvements? It seems that investing in improvements while I still live in the home wouldn't be tax deductible. Is there a way to take advantage of these deductions while I'm still residing in the home?

[Michael Baum]

Get with your CPA on this. No way I would trust this to chance.