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Investors & landlords
If all of the work is completed before the property is placed in service as a rental, then the expenses for the work that was done are personal expenses because you did not have a rental property at that time. The timing of receiving and paying the invoices does not matter.
None of your examples are rental expenses because you stated that all of the work was completed in August before the rental was placed in service in September.
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‎February 20, 2025
6:17 AM
787 Views