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Subject:  sale of rental property Date:  3/11/2001  8:14 PM
Author:  junebugatl Number:  48182 of 127642

Last year I sold a rental property. I am having a hard time figuring out how to write off my capital improvements (i.e., new roof). I did not depreciate anything, so can't I write it off now? As it stands, I owe A LOT and hope I can legitimately reduce what I have to pay.

I would really appreciate any advice before I break down and pay someone to do my taxes.

Thanks, Jennifer
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