- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Thank you for clarifying. I'm in the process of amending my 2019 return and want to add the cost of improvements (around $40K) 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 acquired over 5 years?
‎April 16, 2021
2:02 PM