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How do I deduct renovation expenses on an un-rented apartment?
I purchased a duplex as an investment/rental in 2015. I live in the upstairs apartment and plan on renting out the downstairs apartment. I spent all of 2016 renovating the downstairs apt. how should I deduct these expenses if I plan on renting out the downstairs apt. in 2017 (when the renovation will be complete)?
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‎June 6, 2019
4:53 AM