@DX-hound wrote:
We did incur expenses in 2021 and 2022 like exterior painting, repair of a retaining wall, etc. Any way to recapture those expenses once the place returns to a rental?
No, not if you took the property out of service for rental use. If the property were not available as a rental, then typical rental maintenance and repair expenses are not deductible.
As an afterthought, you stated the property was not rented due to travel restrictions and the need for some repairs, but did you actually take the property out of service? Merely because you had no renters does not necessarily mean the property was not in service as a rental. Would you have accepted a renter, or renters, during that time period, @DX-hound?
