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How do I add remodeling expense to the cost basis of a rental home. where do I enter it on the form
I purchased a rental home in 2014 and rented it out. I remodeled the home in 2015 and need to adjust the cost basis to reflect the $30,000 in remodeling expense. where do I add that cost. on the form it show $30,000 but not the prior year cost basis
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‎June 4, 2019
9:56 PM