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Updated over 11 years ago,
Tax Question for Rehab in 2012
My first rehab is set to close in less than 3 weeks.. I rehabbed the house and all repairs and costs were done in 2012. My question is for my taxes, do I need to do anything with my remodel receipts or anything for 2012? Usually I just user turbo tax, but I know at least for 2013 I will need to use a CPA because of the rehab and all the deductions Ill have to reduce capitol gains, but I just want to make sure/see if I need to do anything different in 2012.
Thanks!