We lived in a house until early June, 2024, moving overseas at that time. We consulted with a property management company about renting out the house for about a month before we moved out. A few weeks after we moved out, the property management company inspected the house and gave us a long list of things that needed doing before the property could be rented. While going over those requirements with the management company and contractors, the property was also vandalized, which caused even more repair costs. All those repairs took a lot of money and took months to complete. Meanwhile, we were still paying for utilities, and a pool and yard service. Due lack of responsiveness from the first management company, we changed recently to a second management company, who had a few extra things THEY wanted done before they'd rent it. Those extra requirements were recently completed. The management agreement with the new company has been set up to begin 1 Jan 2025, with active marketing for rent to begin on that date. The house has been vacant this whole time, i.e. no rental income from it from June through December
Since the repairs were what the two property management companies said had to be done before it could be rented, are those items (and the vandalism repair) "pre-rent" expenses vice adding to basis/depreciation? (FYI: I kept most, if not all, email exchanges with the property management companies as we coordinated these repairs.)
