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Yes, you can deduct expenses getting the property ready from the time you made it available for rent and list it as an asset.
"Pre-rental expenses.
You can deduct your ordinary and necessary expenses for managing, conserving, or maintaining rental property from the time you make it available for rent."....."If you hold property for rental purposes, you may be able to deduct your ordinary and necessary expenses (including depreciation) for managing, conserving, or maintaining the property while the property is vacant..."
https://www.irs.gov/publications/p527#en_US_2018_publink1000219000
Yes, you can deduct expenses getting the property ready from the time you made it available for rent and list it as an asset.
"Pre-rental expenses.
You can deduct your ordinary and necessary expenses for managing, conserving, or maintaining rental property from the time you make it available for rent."....."If you hold property for rental purposes, you may be able to deduct your ordinary and necessary expenses (including depreciation) for managing, conserving, or maintaining the property while the property is vacant..."
https://www.irs.gov/publications/p527#en_US_2018_publink1000219000
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