Bought a two family rental in 2022. Been adding improvements throughout 2022 and into 2023. My understanding is because the house is not available for rent the improvements would be added to the cost of the property when the property is amortized in schedule E. Questions are, do I add any information about the property in the 2022 tax returns or am I waiting till the 2023 tax year to add information? Are there any rental property deductions that can be taken in 2022 such as mortgage interest, property taxes, or closing costs?
