sweetkiva
New Member

Rental Expenses for A Roommate in Different Year then Rental Income

I spent several dollars to fix up a room to rent, listed the room on a website, credit checks, etc., and met with several prospects in 2022 but I didn't actually lease out the room until January of 2023. 

1. Can I expense the expenses on my tax return in 2022 even though there was no income yet until 2023?

2. I'm sure I can expense 100% of any expenses related directly to renting the room out and fixing it up. But, going forward in 2023 where I have rental income now, I have 3 bedrooms and I'm renting one out, can I just split all the expenses since it's two people total or can I only expense 1/3 since it's 1 of 3 bedrooms? For example water, mortgage, power, etc.