Hello there
I converted my home to rental starting from 4/21/18. I have paid the following
1. Full year property tax of $9355.22 for the period 7/1/18 to 6/30/19 on 10/5/18. So the taxes are for the period where the home was a rental and also was paid after the property was rented out
2. Full year rental insurance premium of $1541 for period 11/13/18 to 11/13/19 on 10/31/18. Again, the insurance was the period where the home was used as a rental and paid after the rental conversion.
Now, can I use the full amounts I paid above when entering the rental expenses for property taxes and insurance premiums? Please help.
