Mon died in 2015. Brother and I inherited the house and finally sold it in 2018. It needed significant work to get it ready to sell. I am trying to determine capital gain taxes. Are expenses such as mold abatement, sewer line repair and other repairs deductible expenses? Are property and school taxes paid for the three years we held the house deductible expenses? Are closing costs for the sale deductible expenses? The house was vacant the entire time. No one lived in the place and it was not used as a rental or for any business purpose.
