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| Subject: Un-rented investment condo and 2012 taxes | Date: 2/25/2013 5:15 PM | |
| Author: jgxoxo | Number: 117892 of 126191 | |
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I purchased a condo last year that I intended to rent to a family member. The rental idea went by the wayside and I will be deciding in the next several months whether or not to sell it or rent it to someone else. My question is whether or not it makes sense to list it as a rental property on my 2012 return, even though there isn't any 2012 rental income against which to deduct any costs, i.e., condo fees, utilities, etc.? Any thoughts would be most appreciated! jackie |
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