Hi,
This is the first year of filing taxes after putting our old home in the market for rental. Say we put the home for rental and took a month to get the rental started and the monthly rent is $3k. That 1 month is a lost revenue. I wonder if it qualifies as some kind of loss such as property vacancy etc. I doubt that it does but figured I ask instead of assuming.
More importantly, while TT will ask me relevant questions, I am wondering if there is a good website or reference I can read that is like taxes101 for new landlords. I can thus avoid asking basic questions.
Thanks!
