GeorgeM777
Expert Alumni

Deductions & credits

Yes, that correct.  To follow-up on the comments from @JohnB5677, deduct only those rental expenses, such as utilities, taxes, that relate to the rental period.   It looks like in 2022 you rented the apartment for four months, and therefore, one-third of your full year expenses can be allocated to your rental property. 

 

@not_no_cpa

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"