My mother owned a home she was renting out. In the beginning of February of 2020, she deeded the home over to me and my wife. The tenants remained in the home until the end of their lease at the end of March 2020. We moved in as our primary residence shortly after the tenants moved out.
When the tenants moved out we did a move-out inspection and there was significant damage that needed to be repaired. All flooring needed to be replaced, kitchen cabinets needed to be replaced (water damage and mold), etc... It was nearly $20k worth of repair due to the renters' negligence. This was all noted on move-out inspection and repair started as quickly as possible after move-out.
My question is, can these repairs be deducted? Since we were technically living in the house as our primary residence as the repairs were happening I'm worried they won't qualify even though the damage was done during the rental period.
