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How to handle improvement when selling a rental property.
I installed a new roof-$6,000 and a new flooring-$4,000 for my rental property. These two improvements were marked as assets for the depreciation purpose over the years. I sold this rental house in 2018, can I add the original costs of two improvements, $6,000 and $4,000 to the cost basis of my home when calculating the capital gain?
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‎June 4, 2019
1:46 PM