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Deductions & credits
So I can wait until next year to take ALL of the expenses for repair due to the hurricane damage? Even the drywall, fence, tree removal and other repairs that I paid in 2022?
I rent the home for 3 months only through the year. Should I claim enough expenses for repair to offset the income that I get for rental as it would easily cover it? I guess I am asking if I can pick and choose what I claim due to hurricane or does it all need to be claimed on the same year?
Thank you for your response!
March 25, 2023
9:33 AM