MarilynG1
Expert Alumni

Investors & landlords

The repairs you mention would not be considered Capital Improvements, but could be considered Sales Expenses.  Replacing items with updated ones is considered a 'repair'.

 

Here's more info on Home Improvements. 

 

If the property was never advertised as a Rental, enter the sale in TurboTax as an Investment Sale. 

 

Here's details on Sale of Inherited Home

 

@Aussie 

 

 

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