Have not kept track of home update expenses over 11 years, we are now using the house as a rental. How can I file this?

[sdorabji · Accepted solution]

Aloha -
Please compare the original cost basis of your home (minus land value), to market value (minus land cost).
Enter the smaller of these in your asset entry sheets for depreciation deduction.
If you have significant improvements without supporting receipts, you could make reasonable estimates of depreciated values for significant items, adding them into asset entry WSs. Please add note in your return - est. values