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Can I Claim Any Rental Loss?
I converted a personal condo to rental property in 2019, but got water damage before I was able to rent it out...and condo association did not repair until very end of the year. Can I deduct any loss (mortgage, condo fees, insurance) or expenses (ads, material, labor, etc)?
Thanks in advance.
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‎June 25, 2020
7:23 PM