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Reply: 1.1.1 From: Dale Gatherum-Goss Hi Jim Yes, it will be a tax deduction. However, the calculation might be messy depending upon the type of loan you took out and the delay between the loan starting the rental income starting. Dale

Reply: 1 From: Dale Gatherum-Goss Hi Jim The cost of the improvements will count as a capital item which will be depreciated once the property becomes available for rent. Have fun Dale