Hi @Carl, I have a follow up question on this topic with regards to startup costs.
Pub 535 says that utilities are start-up costs.
This is the scenario this year:
* This year I'm converting a second personal property to a rental property.
* This property is not considered a home this year (pub 527).
* This property is converted to a rental on Aug 20.
Question: Are the utilities (water, electric, gas, sewer) I paid from Jan til Aug 20 considered startup costs?
Thanks in advance.
