I have used TurboTax Premier mostly online platform to report my condo rental incomes and expenses for the last 14 years.
In January 1st 2022, I stopped renting it for repair due to heavy damages done by the renter until I sold it in May 2022. During that period I have not stayed in it and got zero rental income but still paying taxes, HOA, utilities and repairs expenses.
On the cost basis calculations in selling this condo in May 2022:
1. Can I include all the expenses (utilities, HOA, taxes) from January through May 2022?
2. Can I include all the repair expenses in 2022?
3. Do I have to include the recaptured depreciation from January through May 2022 also?
Thanks for your reply to each bullet item above
