- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
It must be ready and available for rent.
From IRS Pub 527: Vacant rental property. If you
hold property for rental purposes, you may be able to deduct your ordinary and
necessary expenses (including depreciation) for managing, conserving, or
maintaining the property while the property is vacant. However, you cannot
deduct any loss of rental income for the period the property is vacant.
‎June 4, 2019
5:45 PM