Add the improvements into the basis of the property.
When you report the sale, you should have an opportunity to add the amount.
If it was a rental at the time of the improvements, list each improvement as an asset to the rental. (paining would be an expense). Next, allocate the sales proceeds to the rental and each improvement. The easiest way is to allocate the sale to the assets to zero them out and the rest to the building, OR allocate as a percentage of each. (so if the property is 80,000 and the improvements were 20,000, allocate the sale 80% and 20%)
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@maskrunner2
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