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cosme1215
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Remodel a house but have not rented it yet

 
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DS30
New Member

Remodel a house but have not rented it yet

Unfortunately, you will not be able to expense these remodeling costs. However, you will be able to include the cost of remodeling in the cost basis of the rental property so when you do rent it, you can claim a higher amount of depreciation expense for this rental.'

Click for more information about depreciation on rental property

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