LeonardS
Expert Alumni

Investors & landlords

If the flooring was a capital improvement you will add the cost of the flooring to the basis of the rental property.  The flooring is a capital improvement if it is hardwood, tile, vinyl, and glued-down carpet.

 

The other expenses were incurred in preparing the property for sale when the property was not available for rent as @ColeenD3 stated in her reply those expenses are not deductible as an expense.

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