Hello,
I have a rental property that I listed for sale in 2019 (it's been rented since 2009). Due to terms agreed to with my tenant, they moved out in September but paid through November 5. Between moving out and November, we had to complete some repairs due to damage (new floors, shampoo rugs) which were partially covered by the security deposit (he moved out of state and since he paid rent for a few months I didn't pursue to difference). This property was sold in March 2020. Never listed for rent nor rented since going on the market in November. What is the best way to handle this for 2019 while also not creating a headache for myself for 2020 when the unit was sold?
I assume I list the days rented through November 5, personal use days 0? Are the repairs deductible since they were paid for by the security deposit, which I'm including as Income?
Thanks,
Wil
