I followed this but it does not have any place to enter capital improvements and mortgage expenses to calculate deductions for capital gains tax. My scenario involves the sale of rental property that was previously my personal residence for years prior to converting it to a rental so the many capital improvements/expenses I can deduct are not in the existing Rental depreciation schedule E. So how can I make sure these deductions are factored in to. Sale price minus original cost, minus capital improvements, minus mortgage loan costs, plus depreciation to determine what I owe in capital gains and depreciation recapture?
