Hi, everyone, here is my situation:
I sold my original primary home in Oct 2021 and moved into my rental property, and change it as my primary residence (address, insurance, tax return) while I am looking for my next primary home. I stayed there until Sep 2022 and moved in my newly purchased primary home. Then I start the remodeling work( cost 20K) because I want to rent it out again. Found the tenant and 1-year rental contract starts on 12/1/2022. Now here are my questions on the tax return:
1. Can that 20K remodel cost all reported as rental property cost in year of 2022?
2. From early Sep (when I moved out) until 11/30, while the house is empty and am doing remodeling and finding new tenant, should this period count as personal use or rental use?
3. What about the mortgage interest,property tax, HOA paid to this house. Should I split it myself and report the 1/4 of each as rental cost (roughly counting the last 4 months as rental usage)
Thanks for whoever can help me figure out all these.
