Will you have made improvements? 

We're not likely to see major appreciation in the coming years, but I do think buyer sentiment will improve which will likely lead to better pricing via competitive offers vs. the current market. 

I manually looked at all of the listings in order to find and exclude homes with significant improvements.

There are seasoning periods which means you have to wait if you want more cash out if the property because of property improvements, time passed or a combination of the two factors.

We significantly increased the property’s value by making strategic improvements.

I definitely need to improve my social game

As long as the arrangement is legitimate, you'll still be able to deduct eligible expenses like property taxes and maintenance costs.In terms of accessibility modifications, such as adding ramps, these could likely be deductible as capital improvements on a rental property.

So, identifying the low hanging fruit identifies the most gainful improvements you can make. 4.

These are building improvements that likely won't impact your rent collection but you are still obligated to share in the costs.

Since your last residency was in 2020, you do not meet this requirement, so the exclusion likely won’t apply.You'll need to calculate the capital gains based on the difference between the sale price and your adjusted cost basis (original purchase price plus improvements and less depreciation taken).