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I converted my home to rental in 2018, bought in 2010. I have made capital improvements before conversion. Where do I input those to add to costbasis for depreciation?
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You will add the cost of the capital improvements to your original cost basis for your property.
When computing what value to use for depreciation when converting your home to a rental property you will use the lower of the fair market value or your adjusted cost basis which will include your original basis plus your capital improvements.
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