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Get your taxes done using TurboTax
@vze56v6x wrote:Should these expenses be reported on Schedule C by simply listing all expenses?
Do not list any expenses on Schedule C. The estate is not operating a trade or business.
General fix-up expenses prior to sale are usually not deductible. Major renovations and improvements can be added to the basis of the property, however.
‎July 31, 2022
3:22 PM