buly
Level 1

Deductions & credits

Perhaps I should have added:

  • The property is not my primary residence.
  • I've never lived there.
  • The only time spent there was to repair and improve so I can lease it out.

It's my understanding that if the property is going to be leased out, is not a primary residence, that I've never benefited from its use as a home then ther I could carry forward the losses and capital improvements.

Does that change the outcome?

Thank you.