If you purchased the home as an investment property and you are not in the business of flipping houses, then you will not report anything on your return until you sell the property.
At that point, the expenses you have incurred to improve the property will be included as part of the basis for the home. The basis will include your original cost and the improvements expenses and will be compared to your selling price to determine your gain or loss on the sale.
@clydemansfield