Investors & landlords

We're in a similar situation in that we DIYed all of the improvements to our rental property while it was still our primary residence.  

 

#1)  Is there a way to deduct the cost of all the tools used in the construction even though purchased several years ago?  

 

#2) Over the years, we've bought windows, appliances, as well as tons of construction materials to be used in our reno (tile, drywall, wood, etc.).  Should these be consolidated into categories and depreciated with different schedules?  We only started renting the house in June 2019, but the improvements were years in the making.