Rental Property - New purchase vacant being remodeled can i deduct taxes insurance utilities & improvements

[BEAcevedo]

Client purchase property completely vacant and has been remodeling all 2022. I he deduct taxes, insurance,  utitilies & improvements. We are talking about 20,000 in taxes, ins, & utilities and 45,000.00 in improvements and still not rentable.

[Anonymous_]

See Solved: Expenses for Unrenovated properties not rented just sitting... (intuit.com)