Are foundation issues a tax write off for rental property?

[Clint Nelson]

The house I am living in right now has foundation problems and they are coming on the 4th to repair it. My question is that I am definitely moving, and I am looking at renting it vs selling it. If I choose to rent it out, would I be able to write the repair cost off?

Clint

[Ryan B.]

Clint,

I am no CPA so you may want to double check with an accountant but I believe that as long as the property is put into service as a rental when the work is done, you should be able to write it off.