During the past three years, I made repairs to my home for the purpose of making the home a rental property. Can I deduct the cost of the repairs on my Schedule E where I report my rental properties? (M.S., Santa Rosa, CA)
If you were living in the house while you made the repairs, you have a facts and circumstances issue: Did you make the repairs to your home or to the potential rental property? If ... Log in to view full article.