I assume that the improvements were sold and I assume that no 'sales price' was allocated upon the sale of the rental real estate.
Please do not ignore editing/closing out each of those improvement items in TT and just sell the structure.
You bring up two possibilities:
- 'Sell' them at no gain and no expense of sale, or
- Allocate a sales price to each of the improvements.
Assuming all the improvements are 1250 property with 27 1/2 year useful lives, you will see no difference under either method. That is what I see that you have listed.
If any of the improvements are 1245 property, you may see a slight difference versus one possibility or the other.
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