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Deductions & credits
I don't have any rental income to deduct so I know I won't be able to deduct it.
But your saying you can deduct ordinary and necessary expenses (including depreciation) for managing, conserving, or maintaining the property while the property is vacant.
Where do I enter the depreciation aspect of it on in Turbo Tax, if my rental property hasn't generated in any income?
‎February 17, 2020
5:37 PM