Deductions & credits

The items you list are described below. Items 1, 2, 3 are considered real estate and should be on the depreciation statement as 27.5 year recovery.

See the notes on the appliances and the HVAC would not be real estate but is part of the house sale with approximate 15 year life.

1. Rental Row home - The house 

2. Windows - Capital Improvement

3. Basement - Capital Improvement

4. Refrigerator - Appliance and depends on the age if you allocate any part of the sales price to it.

5. Oven - Appliance and depends on the age if you allocate any part of the sales price to it.

6. Dishwasher - Appliance and depends on the age if you allocate any part of the sales price to it.

7. HVAC - Possibly a lesser life than the house itself

Use the depreciable assets to determine the selling price of each asset.  This example is how to arrive at the sales price for each.  If as I indicated the appliances have reached the sixth year of depreciation, they may not worth a portion of the sales price.  If you find that is the case, you can eliminate them from the equation like they don't exist.

Use the original cost of each asset listed on depreciation, add those together then divide each one by the combined total to find the percentage of the cost for each asset.  Use that percentage times the sales price and sales expenses to find the selling price/sales expenses for each asset.

Example:  Original Cost (of each asset on your depreciation schedule)

$10,000 Land                = 13.33% 

$50,000 House              = 66.67%

$15,000 Improvements  = 20%

$75,000 Total                 = 100%

Multiply each percentage times the sales price/sales expenses to arrive at each individual sales price/sales expense.