If the property was advertised and available to rent during 2024 while under renovation, then your expenses would be claimed on Schedule E regardless of whether you had income for the year.
But, if the property was taken out of service as a rental during the renovations, you can claim the property tax on Schedule A Itemized Deductions. The insurance cost is a personal expense if the property was not available for rent, so it would not be deductible.
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