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Investors & landlords
I'd say that's a problem with turbotax because you should be able to deduct expenses as long as the property is available for rent......not necessarily rented and you didn't have any personal use. There's a $25k loss allowance but that gets phased out from $100-150k in MAGI but you can carry losses forward to next year anyway.
‎January 19, 2021
11:32 AM