My property was my primary residence for some time. I did the gut renovations when I had initially acquired the property while it was my primary residence and subsequently after living there for a few years, I converted it to a long-term rental.
The gut renovations of the co-op apartment were substantial and also included renovating the kitchen inclusive of installing new appliances such a fridge, wine cooler and hood. As part of renovations, I had also installed new shades. Can I add the new kitchen appliances and shades to the apartment cost basis before I converted to a rental?
