Hi TurboTaxAnita. Where does TT show the calculation of all the assets? When you edit the "rental property" asset to mark it sold how would the program know to add up the other assets? The basis is only on each individual asset correct?
How do you report an improvement that was placed "in service" in the same year the property was sold? For example: I replace carpet in May 2018 ($2,000) and then sell the rental property in October of 2018.
