adityasaxena
Returning Member

Investors & landlords

Hi Carl,

 

Thanks for the response. I guess the rental could have started in Dec  if the renter could have been found. So given that I need to file Schedule E to report this income, how do the deductions in Schedule E work ? Can I deduct the HOA etc and claim depreciation on property for one month (DEC) in 2020 ? Sorry if my questions seem confused - I'm doing this for the first time.

 

Thank you.