Just a little clarification. If you sold the property, then any "permanent" improvements that were not already depreciated, are added to the cost basis to reduce potential capital gain/loss. Any additional repairs or expenses to get it ready for sale, are Selling Expenses.
If the property is a current rental, then permanent improvements (items that add value to the property) are Assets and depreciated. Other items can be entered as Repairs & Maintenance.
Hope that helps!
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