additional questions (related). House was available for rental for over two months with no takers (late fall, shore side property). Does that have any impact. Also, I invested additional funds to update decor and household amenities (furniture, wall pictures, kitchenware) primarily to improve rental prospects - and that has shown up. Also had moderate expenses in purchasing the home (travel to area, hotel rental while looking at properties, legal fees to purchase house, prepaid insurance for a whole year (9 months in 2020 paid in 2019), points on mortgage that was sold to another bank in 2019). When I prepared Schedule E, I included these as single year expenses, hoping to rollover loss to 2020. ANY thoughts on how to get some tax relief in 2020 or beyond based on these expenditures in 2019? (I've also maxed out property taxes and mortgage interest on property not rented). Does schedule C offer any opportunites?
