Thanks for the response. A few follow up questions:
1. Why would I convert to personal use if I wasn't using it for personal use outside of the time it took to make the improvements and updates to sell it?
2. Also, the confusion I have is with the sale of business property. I see the list of my property and assets and the depreciation; I click "edit" and indicate it was sold and enter the sale date, and then I'm asked the sales information (Asset sale price, expenses & Land sales price and expenses) -- Is it here where I add to the expense/improvement totals for what I spent in 2020 (dividing between asset and land fields)?
3. How does the loan payoff amount factor into the sale price or cost of sale? I wonder if I'm inflating my gains by showing the initial cost back in 2011 then the sales price in 2020, but not the loan amount and payoff.
