We started a renovation in 2018, paid for a portion of it but it completed in 2019. We claim a part of it as a home office. Can we claim the part we paid for in 2018?

[petedlee]

We started the renovation in 2018 and paid for a portion. It didn't complete until 2019. We do claim a part of the home as a home office. Can we claim anything for the business on the part we paid for in 2018? Nothing was finished in 2018. I do realize we would have to do is an asset / depreciation but I don't know if we can claim anything since nothing was finished. Thank you.

[Zbucklyo]

No, you would wait until the asset (the renovation) was placed in service before beginning the depreciation of it that is associated with the home office.