Adding hardwood floor refinishing to cost basis?

[bugbash]

I converted my home into a rental on 4/28/2022. In preparation, I refinished my existing hardwood floors in November 2021. Can I add that to my house's cost basis, i.e., is it considered improvement? Thanks.

[TomK2023]

That would be considered as a "Repair".  You can claim that as an expense in 2022.

[bugbash]

Doesn't Pub 957 say we can only claim expenses incurred after in-service date?

Pre-rental expenses.

 You can deduct your ordinary and necessary expenses for managing, conserving, or maintaining rental property from the time you make it available for rent.

[Carl]

That would be considered as a "Repair".  You can claim that as an expense in 2022.

How did you determine that? OP clearly states, " converted my home into a rental on 4/28/2022. In preparation, I refinished my existing hardwood floors in November 2021."

The refinish was done a full 6 months before the property was converted, and most likely they were still living in it as their primary residence. While it is considered a repair, it's definitely not deductible anywhere on the tax return; especially not on the SCH E.  Doesn't matter that it was "in preparation" for converting it to a rental or anything. The property was not in service as a rental anywhere close to Nov. 2021. Not even the same tax year for that matter.