How to file taxes on rental property that didn’t get rented in 2006?
I bought a property as a primary residence in 2004 (residence A). I lived there until 10/10/2006, when I moved into a new primary residence home (Residence B). I place my original residence (A) up for rent. I did not find a renter until after January in 2007. My question is can I still file Schedule E in 2006 and take a loss for the residence A? I do know I would have to prorate the portion I lived there in schedule A and the portion of the year I had it for rental in Schedule E (if I am allowed to show I received no rental money). Also, for depreciation, what should I use for the value of my home (and for other things, like appliances, or other assets in the home)?
Thank you.
John
