Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply presented by

User Stats

21
Posts
10
Votes
Michelle Schrader
  • Real Estate Agent
  • Rochester, NY
10
Votes |
21
Posts

Advertise in December for tax purposes??

Michelle Schrader
  • Real Estate Agent
  • Rochester, NY
Posted

I am closing next week on my first rental property, I'm still trying to learn and absorb a lot of information. We have some rehab to do before it is rent ready but could probably complete by mid to late December. My question is how hard should we push to get this advertised to rent by the end of the year for tax purposes?  In reality I see us being able to move a tenant in by January or February but will still be finishing up the kitchen, baths, flooring and carpet into December. 

Most Popular Reply

User Stats

1,982
Posts
1,765
Votes
Eamonn McElroy#5 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • Atlanta, GA
1,765
Votes |
1,982
Posts
Eamonn McElroy#5 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • Atlanta, GA
Replied

@Michelle Schrader

The in-service date for the rental will be whenever the property is listed as available for rent and in habitable condition.

Loading replies...