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Investors & landlords
Ok ... in your situation where you could and would rent the units when and if it is safe for you to do so AND you are not using the units personally then I would consider them to still be rental properties and would still carry the expenses on the Sch E ... keep good records of your situation in case the IRS were to ask however since the covid situation many landlords have reduced income from the rentals so allowances are sure to be made.
‎September 5, 2021
12:05 PM