Rental expenses before rentable

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  • JenMO
    Senior Member
    • Apr 2007
    • 974

    #1

    Rental expenses before rentable

    Client purchased rental house in Dec 2014, started repairing, paid insurance, utilities. Won't be rented until April 2015. Do you add those expenses to the cost of the house when it is set up to depreciate? Amortize? how do I deduct?
  • taxea
    Senior Member
    • Nov 2005
    • 4292

    #2
    Pub 17 or Rental Pub
    Believe nothing you have not personally researched and verified.

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