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Roy65
Level 1

Sale of rental property - reno costs to sell

My clients sold a rental property. They renovated after the tenant left and sold it (same year 2022). Does it matter if it was renovated after the tenant left? How do I deal with the soft costs during renos such as utilities, taxes, insurance and interest? Are the costs of getting it ready for sale such as cleaners and landscaping part of the ACB?