Hi there, I own an apartment worth ~$520k, with ~$400k owing. Our first child is on the way and we're thinking of moving out and renting a larger place for a while, while renting out the apartment with a view to selling in a year or two and buying a house. The apartment is in an old building, and the building needs some fairly major repairs, and these will cost me in the region of $25-30k over the next six or so months. If I move out and make the apartment into an investment property before the repairs commence, am I then able to claim the costs as a tax deduction? Are there any issues with timing (i.e. can I make the property into an investment property the day before the repairs commence?)? And are there any other issues that I should consider? Thanks for any assistance on the above.