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Robert Moye
  • Real Estate Agent
  • Oak Island, NC
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Can startup expenses be claimed if not rented in 2016?

Robert Moye
  • Real Estate Agent
  • Oak Island, NC
Posted Mar 8 2017, 10:00

Hey Everyone,

I just got started in Q4 of 2016. I purchased a rental, made some repairs and got it on the market as quickly as possible. However, I was unable to contract a renter until 2017. Can I still deduct my expenses since there is no income to apply against it? 

Robert

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