moosedaddy50
Returning Member

Re: First, you will need to determine if you are a real estat...

we have several rentals, bought a house in 2022, are still fixing it up and probably will sell it in 2023.  I understand that we will take the price and improvements and get a cost basis, but how do we deduct incidentals like, lawn care, mortgage interest, property taxes and utilities in 2022?