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May 15, 2020
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Where to enter start-up costs for rental property

  • May 15, 2020
  • 1 reply
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I bought an apartment in 2018 and furnished a room to run Airbnb. I put the room in service in 2019 and start generating income from it.

 

Should I file the start-up costs in 2018 or 2019 tax return?

Where in Turbotax should I enter it?

 

 

 

    Best answer by Critter

    All costs go on the 2019 return since it was not available for rent until 2019. 

    1 reply

    Critter
    CritterAnswer
    Employee
    May 15, 2020

    All costs go on the 2019 return since it was not available for rent until 2019.