Hi All:
I hope someone can help.
In 2014 I converted my home to a rental property that I sold in 2018.
Before I converted the property to a rental I made building improvements. Where do I enter them.
I think I enter them under Sales Information ... Under Asset Sales Expenses ... since improvements were only for building. Am I right? It seems to populate right in Form 4797 Line 21: Cost or other basis plus expense of sale for building.
Any help greatly appreciated.
Ed
