.: Stessa isn't good for keeping track of tax deduction items.Stessa was designed to just look at P&L.

This issue also naturally drives up deductibles.  

Provide a detailed accounting of deductions, along with the invoices, to show you’re acting in good faith.

I also paid interest on the loans.Is the utilities for the house that is completed and rented a expense deduction for the year or does it go into the basis?

My questions are;Do I have to take expenses as a deduction in a year in which they occurred even if I do not get income until the following year  I have other rental property, but my taxable income on them after expenses is only gonna be about $5000 So is there anyway to roll over expenses to the next year since I cannot deduct the remaining 15,000 and expenses against my W-2 income?

ChatGPT tells me that the cash out proceeds even if only reimbursing myself is non deductible because the proceeds are not reinvested in property

Deduct mortgage interest, property taxes, travel, and operational expenses.

Specific Performance, Damages or Both.

I can deduct the interest, but it gets added it B and C vs A?

(I'm guessing) my deduction would go further next year.