Yes, you can add the cost of home improvements to adjust the cost basis.
• A capital improvement that adds value to your home, prolongs its life, or adapts it to new uses can be added to the cost basis of your home and subtracted from the sales price to determine the amount of your profit when you sell it.
• The cost of repairs, such as fixing a gutter, painting a room, or replacing a window pane, cannot be added to your cost basis or deducted from your sales price.
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