Thanks. It is a cooperative apartment and I renovated it was while it was my primary residence and years later I converted to a rental. I am a bit confused - So can I add the cost of new fridge, hood, wine cooler to the apartment cost basis as it was done as part of a complete gut renovation?
I cant expense it as it was a primary residence when I did the gut renovations. So only option is to capitalize it to the cost basis.
