Investors & landlords

@AlexanderS08 

This is good information, thanks. 

 

In response to your following statement:

"If it were me, I would set up the rental on the Federal return and claim the loss (you will also claim depreciation because it is a use it or lose it deduction).", where would I then enter the expenses (repairs, improvements, etc.) and the depreciation? I am unable to enter that information under "Rental Properties and Royalties as it tells me to delete the property since there were no days I used it as an actual rental in 2019. It doesn't let me advance enough to be able to enter that information.

 

Thanks.