hgtc
Level 5
03-03-2022
05:44 PM
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Taxpayer purchased rental property late Oct 2021. They did some improvement and had cleaning/utilities expenses. They found tenant and start renting on 1/15/2022.
For 2021, can we report $0 rent, depreciation, and rental expenses on Sch E?
Or, no Sch E in 2021?
Thanks.
Best Answer Click here
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