>[expenses of sales:] sales preparation costs like repairs, paining etc. done only for the purpose of selling.
NOT TRUE -- be careful. "Fix up" repairs may not be deducted from the sales price as sales expenses because they do not "improve" the property but merely "maintain" it. There are many articles about this on the Internet basically saying that Real Estate sites which claim fix-up repairs are deductible from sales proceeds are wrong.
See https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-i-sold-a-home-can-i-deduct-th...
