Bought property in 2016 to rent but gutted. Did reframing, windows, rewired, new HVAC & starting insulation, plumb, drywall etc... when do deduct expenses? No income yet.

[TaxGuyBill · Accepted solution]

That is all added to your "Basis" for depreciation once it is available to rent.  Until then, none of that is deductible.

[nhundter]

Thanks! I figured that was the case. Thanks for your time and consideration in this matter.