RobinH
Level 2

The tenants move out. Improvements were being done. Decided to just completely remodel entire house and sell.  So was never put up for rent. Where and how do I adjust the basis, that I have been depreciating all along? I can't find where to show it, which is why I was just going to add as capital improvement on depreciation asset sheet and show placed into service and sold same day. no depreciation would be taken..

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