- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Can I deduct remodeling/restoration expenses from the previous year in filing 2022 returns?
I have a rental property (secondary home), bought in 2021 and paid $25k to restore the property (paining, floor update) etc and rented it out in 2022. Since I didn't rent it out in 2021, I didn't claim in tax deductions, but can I include it in 2022 rental property tax deduction?
Topics:
March 11, 2023
7:12 PM