Taxes, on a year with no rental income
Hello fellow investors, I'm new to the forums and excited to be here.
I bought a rental property via a 203K loan in July of 2013.
Due to extensive renovations there was no rental income until January of 2014.
I'm currently completing my (back) 2013 taxes. What (if anything) do I need to include with my taxes if there was no income for that year? Do I start claiming depreciation and expenses for 2014 or do I need to include information for 2013 even if there was no income?
Any advice would be greatly appreciated!
Thanks,
Amy