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June 6, 2019
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Capital gain/losses on a rental property - can improvements made prior to use of property as a rental be included?

  • June 6, 2019
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Best answer by MinhT1

Yes, improvements made prior to the use of the property as a rental are added to the cost basis of your property in the calculation of capital gain/loss on the property.

1 reply

MinhT1Answer
June 6, 2019

Yes, improvements made prior to the use of the property as a rental are added to the cost basis of your property in the calculation of capital gain/loss on the property.

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