In July 2019, I purchased a rental property out-of-state. I spent the rest of the year (July-Dec 2019) repairing and improving the house. It wasn't rented. It still hasn't been rented because it's still being repaired. I have put money into the repair and improvements.
Under Rental, (schedule e) you can only enter deduction and asset information if you actually "rented" the property and generated "rental income". This isn't my situation because the property still wasn't ready to be rented out (still isn't in even now Feb 2020).
Where do I deduct the cost of the improvements by depreciating it over a period of time?
Where do I enter all my expenses and repair cost, if this situation even applies to that?
Where "exactly" do I enter my depreciation deduction/ asset in TurboTax (Mac Download)?
**I need it clearly stated and pointed to the exact location in Turbo Tax (Mac Download)**
