topic How do I increase the cost basis of a rental sold in 2018? I wish to increase by the amount spent on improvements to make it ready for sell. I spent over $20K all in 2018 in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-do-i-increase-the-cost-basis-of-a-rental-sold-in-2018-i-wish-to-increase-by-the-amount-spent-on/01/288581#M10823 Mon, 03 Jun 2019 17:42:05 GMT ssjax 2019-06-03T17:42:05Z How do I increase the cost basis of a rental sold in 2018? I wish to increase by the amount spent on improvements to make it ready for sell. I spent over $20K all in 2018 https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-do-i-increase-the-cost-basis-of-a-rental-sold-in-2018-i-wish-to-increase-by-the-amount-spent-on/01/288581#M10823 Mon, 03 Jun 2019 17:42:05 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-do-i-increase-the-cost-basis-of-a-rental-sold-in-2018-i-wish-to-increase-by-the-amount-spent-on/01/288581#M10823 ssjax 2019-06-03T17:42:05Z You could enter these as selling expenses or add a new as... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/you-could-enter-these-as-selling-expenses-or-add-a-new-as/01/288592#M10825 <P>You could enter these as selling expenses or add a new asset called Improvements.</P> Mon, 03 Jun 2019 17:42:06 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/you-could-enter-these-as-selling-expenses-or-add-a-new-as/01/288592#M10825 Anita01 2019-06-03T17:42:06Z Do NOT change the selling price ... this must be the same... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/do-not-change-the-selling-price-this-must-be-the-same/01/288600#M10826 Do NOT change the selling price ... this must be the same as the 1099-S the IRS gets otherwise you will get a letter. Mon, 03 Jun 2019 17:42:08 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/do-not-change-the-selling-price-this-must-be-the-same/01/288600#M10826 Critter 2019-06-03T17:42:08Z