mt4him
New Member

First time landlords

We are a first time landlords of a condo.  We started to rent in Oct 2019.  We had to remodel the whole condo in order for it to rent.  We spent about $35,000 for the remodel including a new aircondition unit.  

My question is what can we file for repair and what for depreciation since we only rent the condo out for 3 month in 2019?  Thank you!