Where do I enter a major renovation completed in the same year the property was sold?

c017486 — Fri, 15 Sep 2023 17:58:02 GMT

Re: Where do I enter a major renovation completed in the same year the property was sold?

Mike9241 — Fri, 15 Sep 2023 19:30:07 GMT

enter it as an asset addition. then you must allocate a portion of the sales price and sales expenses to it so it will be taken into account in determining your taxable gain/loss.

topic Where do I enter a major renovation completed in the same year the property was sold? in Get your taxes done using TurboTax

Where do I enter a major renovation completed in the same year the property was sold?

Re: Where do I enter a major renovation completed in the same year the property was sold?