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I have a rental property which is unoccupied since July of last year. I have listed the property for sale and it has not yet been sold. I am paying morgage and other maintenace and repair expenses. My question is can I take all my expenses (morgage and repair) 100% or do I have to prorate for the time it was rented? I am using TaxCut program and it prorate the expenses. So if I understand correctly, I cannot take deductions under rental property(Shedule E)if it is not rented.

I would appreciate if you can answer me.

Thanks in advance.

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