@Mike9241 @Hal_Al
Thank you, I would like to clarify the following:
1. When my property was a primary residence, as part of gut renovations, can i include in the cost basis the cost of new fridge, wine cooler, hob and shades?
2. Before converting the primary residence to rental, all capital assessments get included in the cost basis?
3. After converting the primary residence to rental, all capital assessments get expensed?
