It has been a rental twice, from 2010-11, and again from Jan 2013 to present. We lived in it May 2009 - June 2010, and again July 2011 to Jan 2013 (military). Would property improvements include painting both inside and out? Would it include new carpet? Landscaping in the backyard? An air-conditioning system? Also - are all of those improvements mitigated if I have already taken tax deductions for them in previous years? Lastly, what about fees associated with refinancing? Same deal as the above?
