Any improvements or repairs you did to the property after the last renter moved out are no longer considered 'Rental Expenses' or 'Rental Assets' so are not entered in that section.
However, you are correct that the major improvements can be added to the Cost Basis, and the other smaller repairs could be added as 'Sales Expenses', along with commission, title fees, etc.
10 deductible selling expenses for rental property
- Real estate commission. ...
- Marketing and advertising expenses. ...
- Repairs and maintenance. ...
- Owner's title insurance policy. ...
- Transfer taxes. ...
- Deed recording fees. ...
- Other closing costs. ...
- Home warranty costs.
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