Great follow up question. You would enter all the costs, which would include the three categories you carefully laid out as a lump sum. Showing your "work" is not needed, but you should keep all the paperwork associated with the sale, which would be the closing document, and all the support for the improvements, repairs, and services made and done to prepare the property for sale.
You would want to use the ratio that you used when you started renting out the property and began depreciating it. For that matter, a current assessment for most properties probably has the same or similar ratio.
Thanks for the follow question @RaineB
All the best,
Marc A. Tufaro
TurboTax Expert
27 Years of Assisting Clients
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
