That makes sense, thank you for clarifying. I'm in the process of amending my 2019 return and want to add the cost of improvements to the Cost Basis of the house. When I get to the screen that asks how I would categorize this asset, would I choose "residential rental real estate" and then describe it on the next screen as "property improvements"? What would I put for the date purchased if I'm consolidating multiple purchases? We also replaced all the appliances over time, so the question applies here as well.
