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Deductions & credits
So that the management company COULD have rented the property, but refused to do so until we did those repairs, doesn't factor into it?
There was no rental income from the property, and the new management company won't be marketing it until 1 Jan 2025. (Some SMALL consolation there, I suppose.) Does that mean I can't include these "improvements" (if that's how they have to be claimed for ANY benefit) for depreciation until the 2025 return, even though I paid many thousands for them in 2024?
‎December 10, 2024
11:55 AM