Critter-3
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Get your taxes done using TurboTax

You can't deduct typical rental real estate expenses (utilities, repairs, etc.) until the property is placed in service as a rental  HOWEVER  these expenses can be CAPITALIZED  if you make a timely election.  

View solution in original post

‎September 11, 2023 8:47 AM
0
1,015 Views
Reply
Bookmark Icon