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judd3115
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If you repair or improve your rental right before you sell it in the same year where to enter the cost to lower capital gain?

If you repair or improve your rental property and sold it in the same year,

should the expenses be added to “Costs or other basis plus expenses of sale” form 4797 in Turbo Tax, Or where?

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If you repair or improve your rental right before you sell it in the same year where to enter the cost to lower capital gain?

In the Rentals section of the program. Enter as an asset if an improvement or an expense if a repair.

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