Hi, my brother and I share 2 properties @ 50%:50%

Both are apartments -
Property #1 - Has been vacant for many many years
Property #2 - it was cleaned up and rented out in Aug 2018, from Jan-Jul 2018, it was vacant.

For my rental income reporting :
1. Can I deduct the cost of management fees from Jan-Jul 2018 for Apartment #2 from the rental income when I calculate nett income?
(The tenancy agreement was singed by tenant, me and my brother)

2. I hired come cleaning ladies and plumber to do up the place before I rent it out. I have receipts for the service. Can I deduct these as expenses?

3. Tenant wanted an extra queen size bed. So I went out and got a brand new one for his family. Can I deduct that furnishing as expense?

4. Apartment #1 is empty and we still have to pay the management fees. Can we deduct the management from the income of Apartment #1 when we report income?

5. I will be reporting my 50% portion of the total income from the rental, is that correct?

Thanks for your advice.

Great! Thanks a lot!

Thanks for the answers. So let me get this right :

1. If the expense for repairs and cleaning are incurred BEFORE tenant moves in, then it is considered INITIAL EXPENSE (Para 8.3 of IRB Public Ruling 12/2018), therefore cannot be deducted.

2. If the very same expenses are incurred DURING/WHEN it is being rented out, then it is an expense related to letting of property, and therefore CAN BE DEDUCTED from income.