Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Feb 26, 2025 11:12:34 AM

New construction STR required me to buy everything needed for a guest to stay there from scratch. Are these expenses deductible??

I had a custom home built in 2024. It is used as an STR. I had to buy everything, new, that you can think of for a guest to stay there, comfortably, at an considerable expense.  Items that are more than furniture and linens-items like dishes, flatware, pots and pans, small kitchen appliances, rugs, lamps, blinds, children care items, some decor items, etc.  Also, laundry, dish soap, laundry soap, games, and a huge list of other things (150 items).  Are these deductible? Thanks.

 

 

0 1 515
1 Best answer
Expert Alumni
Feb 26, 2025 11:19:11 AM

Yes, they are.  Those are expenses for the rental at start up.  Just enter them as supplies and you can deduct them in the year that you bought them.

 

@canajo 

1 Replies
Expert Alumni
Feb 26, 2025 11:19:11 AM

Yes, they are.  Those are expenses for the rental at start up.  Just enter them as supplies and you can deduct them in the year that you bought them.

 

@canajo