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Tax deductions for purchases in the year prior to permit release

‎13-03-2020 01:11 PM
Tara-Jo0
Level 2
Nashville, TN
‎13-03-2020 01:11 PM

Tax deductions for purchases in the year prior to permit release

I spent a good amount of money getting my AirBNB ready for guests at the end of 2019. I couldn't get my actual permit for several reasons until January 5, 2020. Since I wasn't technically able to rent until this year, can I still claim deductions for my business on my 2019 taxes? Thanks in advance for any help here!

‎13-03-2020 01:11 PM
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