It depends on what the improvements and repairs were. If it was something major, then you could add to the cost basis of the house but you would depreciate the new asset over the assets useful life for 2021. So you would get a depreciation deduction this year and then deduct the rest of the cost next year.
So lets say you replaced the roof and it cost you $8,700
The roof would be depreciated over 27.5 years so lets say you did it January 1, 2021. For 2021, you would take a depreciation expense of $316. So when you claim the sale on your 2022 return your expense that will go against the selling price of the house would be $8,384 (8,700-316)
Your gain on the sale would be your selling price minus your original cost minus depreciation
@blueh2obug
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