Rental Loss Question

[Sebastian Bennett]

Can I take rental loss on a property during the year of ownership if my intent is to flip the property?  What if the intent was to flip but it then does not sell and becomes a rental?

[Michael Plaks]

Quote from @Sebastian Bennett:

Hi Michael, just a hypothetical. Lets say I buy a property and I intend on renovating it and then I choose to flip the home. Can I take a rental loss during the period I own the home or does the intent matter?

You keep saying "rental loss" but avoiding the issue of renting. You do not have a rental loss to talk about if you do not rent the property or at least make it completely ready for occupancy and advertise as available.