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Can't see where major improvements made to sell a rental are added to cost basis
I sold a rental in 2023. I entered major improvements made for the sale (and after the last tenants moved out) like a new HVAC system and new flooring in the “Your Property Assets” section, which comes up after you select “Sold rental property”? (With information from other answers here, I was able to enter them so that no depreciation would be taken.)
These expenses should be added to my basis to reduce my capital gains, but I can't see where there were added. Can you tell me where that information appears?
Thanks
September 25, 2024
4:42 PM