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Can I deduct new furnace from rental income if it was a month before I rented the house?
2018 was the year the house turned from primary residence to a rental house. I listed the house for rent In February 2018. My tenant did not move in until July 1st. I spent more than $2000 in May 2018 to install a new furnace because the previous one had broken down.
Can I deduct this from my rental income? I was living in the house at this time, but technically I would have moved out if I had found someone to rent my house earlier. Aka the house was available to rent from Feb 2018, even though someone only moved in July 2018.
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‎June 4, 2019
12:52 PM