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Investors & landlords
So, are you saying that if I bought a distressed property in May 2020, and it took 10 months to rehab the property and it not put into service for a rental until April 2021, I cannot deduct rehab expenses until 2021 taxes?
What about all the utility expenses and costs leading up to December 2020?
‎April 12, 2021
7:58 AM