Can I deduct utilities, interest and travel expenses to coordinate renovations on a vacation rental property during 2018 when it will not be put in service until 2019?.
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Can I deduct utilities, interest and travel expenses to coordinate renovations on a vacation rental property during 2018 when it will not be put in service until 2019?.
Can I deduct utilities, interest and travel expenses to coordinate renovations on a vacation rental property during 2018 when it will not be put in service until 2019?.
Yes, if you owned the property in 2018, you can take the deduction.
Even if you did not have income from the property yet.