We did not rent the house at anytime in 2017 because it is for sale.
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Beginning on the date the house was not available for rent, then the expenses from that point forward are added to the cost basis of the home and used to reduce gain on the future sale. No additional entry in TurboTax is required for these expenses. They are simply added to the cost of your rental property (in your records).
Beginning on the date the house was not available for rent, then the expenses from that point forward are added to the cost basis of the home and used to reduce gain on the future sale. No additional entry in TurboTax is required for these expenses. They are simply added to the cost of your rental property (in your records).
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