mikenandria
Returning Member

Investors & landlords

Thank you Carl very much for all the information!  I understand what you are telling me, that I can't deduct minor type repairs before renting, but it seems like JillS56 is saying I can add these expenses (e.g. painting) to the cost basis, and thus depreciate the amount.  What do you say?  I have about $6000 worth of pre-rental expenses on things like utilities, painting, landscaping, plumbing, electrical, etc. that I would like to depreciate, if possible.  Can I add these to the cost basis of the house?  Is there a way to do that legally?  I also have heard of claiming them as "start-up costs", but I'm not familiar with this process.  Any advice you can give would be appreciated.