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Investors & landlords
I am having the same issue. I added a new kitchen and floors to my rental property in Jan 2018. +$20k. I sold later in the year in Oct 2018. I added the improvement under the property...so now I have the original purchase cost basis as one line, and the improvements as the second line. When I edit the property to include the sale information, it is not including the +$20k in the adjusted basis.
‎June 7, 2019
4:30 PM