Hi Carl,
I want to make sure I understand your below statement. As it pertains to any capital improvements made prior to me renting the home, the only way to adjust my basis is to have those costs be depreciated over the years the home was rented?
In addition, because I sold the house on 8/17/2020 and after the tenants moved out any improvements I made to the house also cannot be added to the basis of the home? Or if you can, how do you get that done?
And thank you for your time in answering my questions.
