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Need help figuring the cost basis for personal property that was converted to a rental.
I inherited a house that I lived in for 6.5 years. The house was transferred into my name in May of 2014 and the date of death value was 160k. I converted the house to a rental in Jan 2015. The was roof replaced, added a new AC, new carpet, paint, garage door and extensive landscaping before I converted the property into a rental. I don't have receipts for any of the work. How do I figure out the cost basis?
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‎June 6, 2019
6:01 AM