a rental property

emigacz · ‎March 9, 2022

I have bought a rental property and closed on Dec 16,2021. It was not rented in 2021 started getting income in 2022.

I had expenses with this rental property in 2021 like insurance, maintenance, utilities.

Can I claim these expenses?

HelenC12 · ‎March 9, 2022

Yes, you can claim these expenses if you were actively looking for a tenant in 2021. The expenses are entered on Schedule E.

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