MarilynG1
Expert Alumni

Investors & landlords

Any minor expenses or repairs you did to the property prior to making it available for rent are not deductible.

 

Any major improvements you did, can be added to the Cost Basis you report when you set up the Rental Property. 

 

If you are renting as an Airbnb-type situation, those items you mentioned would be rental expenses when purchased after the property is available for rent.

 

Everything hinges on the 'date placed into service'.  Before that date, not deductible; after that date, probably is.

 

Here's more info on Rental Property Expenses and Tax Tips for Vacation Home Rentals.

 

 

 

 

 

 

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