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Investors & landlords
Yes. Your first statement is correct. You can deduct the full year of expenses since there were zero days of personal use during the full-year rental time.
For the second question, it depends. Whether 1st year or 5th year, it not unusual to show a loss on a rental property that only collects rental income for part of the year.
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‎January 20, 2023
8:19 AM
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