Get your taxes done using TurboTax

This pub should answer many of your questions

 

https://www.irs.gov/pub/irs-pdf/p523.pdf

 

You will have some depreciation recapture when selling the home.

 

Taxes won't be due right after the sale.  But, you many need to make estimated tax payments.

https://www.irs.gov/pub/irs-prior/f1040es--2022.pdf

 

The renovation cost will be added to the basis and will reduce the amount of gain.

**Disclaimer: Effort has been made to offer correct information; but due to the discussion forum limitations, the poster disclaims any legal responsibility for the accuracy of the poster's response**