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Get your taxes done using TurboTax
Repairs on personal use property are not deductible (only repairs on property held for business use or for the production of income qualify for that treatment).
If the work is extensive and could be considered tantamount to a new foundation, you might be better off taking the position (if warranted) that this is an improvement so that the cost could be added to the basis of the property.
‎December 20, 2022
10:40 AM