you can deduct up to $5,000 of your real estate start-up costs in the year that your rental is placed into service.
Can you show me exactly where that is? I see it nowhere in IRS Publication 527. Was that changed with the major tax changes of 2018 and I missed it maybe? I can't find anything anywhere that says startup costs of any type are allowed for residential rental real estate.
This is true for a SCH C business, but is not true for a SCH E rental.
