No, if this is not a rental, there is no deduction or cre...

Can I get credit for foundation repairs and waterproofing my cellar? It is a lifetime guarantee.

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No, if this is not a rental, there is no deduction or credit for the improvements. You can add this to your basis (property value) when you sell which could reduce the capital gains you may need to claim.

If this is a rental, add it as an improvement (asset).

Hello all, if we made over $150k as W-2 earners, why are we still able to deduct net loses for our rentals? Per IRS, there is a limitation.

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Can I get credit for foundation repairs and waterproofing my cellar? It is a lifetime guarantee.

Can I get credit for foundation repairs and waterproofing my cellar? It is a lifetime guarantee.

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Can I get credit for foundation repairs and waterproofing my cellar? It is a lifetime guarantee.

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Can I get credit for foundation repairs and waterproofing my cellar? It is a lifetime guarantee.

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