Yes, they are deductible and you should select rented all year. Zero days of personal use is best the first year as long as you allocate the appropriate expenses that are both personal use and rental use for the year. The day of conversion to rental is the date placed in service and every expense is allowed from that day forward assuming the rental is full time from that point forward. If necessary you can determine the percentage of items such as mortgage interest, real estate taxes and insurance to enter only the amount for the rental period.
When you enter the rental property asset TurboTax will calculate the depreciation based on the date placed in service.
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