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a1excavatingcons
Level 1

Sold a rental property and spent a lot of money to get it up to scratch for sale, while it wasn't being rented. Do I still put the expenses as an input tax purchase?

 
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Intuit Zac
Content Creator

Sold a rental property and spent a lot of money to get it up to scratch for sale, while it wasn't being rented. Do I still put the expenses as an input tax purchase?

Hi a1excavatingcons

 

Thank you for reaching out and congratulations on the sale! 

 

For tax advice, it is best to consult with an accounting professional. You can find QuickBooks Online Certified accountants and bookkeepers in your area by clicking on the link below:

 

Find an accounting advisor near you

 

Thank you and please let us know if you have any questions.