Remodeling on a rental was done throughout the year. Date placed in service? Dec? Home was "usable" throughout.
Doesn't qualify to be expensed under safe-harbor rules? I have been known to use July for everything if it doesn't look like it would make much difference from breaking it down even further.
27.5 years is a long run.... a few months either way doesn't usually make much difference... i agree w/ Bob
"Home was "usable" throughout."
And occupied? Or at the least, made available to rent?
Yes, it was occupied.
