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New Member
posted Feb 26, 2020 1:45:43 PM

house rental - can i deduct staging expenses and repairs to prepare a house to rent out

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6 Replies
Expert Alumni
Feb 26, 2020 2:04:26 PM

Yes, you can claim Rental Expenses for expenses needed to get a property ready to rent.

 

Click the link for more info on this topic

 

 

Level 1
Mar 12, 2020 7:34:53 AM

Can I deduct expenses relating to preparing a house for rent

Level 1
Mar 12, 2020 7:39:33 AM

Can I carry over rental expenses for a property that was not rented

Level 1
Mar 12, 2020 7:41:58 AM

Can I carry over the rental property loss on this property to next year

Level 1
Mar 12, 2020 7:45:47 AM

Still looking whether or not I claim rental property losses from 2019 to 2020 

Expert Alumni
Mar 12, 2020 9:25:52 AM

Yes, losses on a rental property will carryforward to the next year and continue to do so until you either make a profit, or sell the property. 

This link will give you more specific details: Rental Loss Carryforward