Have to deduct in the same year

来源: LaoWong 于 2012-03-23 14:12:42 [] [旧帖] [给我悄悄话] 阅读数 : (238 bytes)
回答: 投资房报税问题 由 littlerabbit 于 2012-03-23 13:15:05

IRS is cash based. You can set up the investment property in 2011 and deduct the cost of repairs.  However if what you've done is remodeling and upgrades you have to include this cost into your cost of the house (improvement).

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