@michash2998
Based upon the original figures you posted earlier, it appears as if you have omitted the cost of land from your basis in your latest post. You need to factor that into your equation.
Also note that you cannot deduct "fix-up" expenses as selling expenses.
Further, you will most likely have an unrecaptured Section 1250 gain (depreciation recapture) component as well as a capital gain component. The former is taxed at ordinary income tax rates up to a maximum of 25%.
With respect to the $12k in closing costs that you depreciated separately, that component should be factored into your recapture and gain equation. Since you have be depreciating those costs as a separate component, there is no need to amend and add it to the original cost basis.
