Great answer. I'm hoping you can help me figure out which option applies to my scenario. I live in my house and I'm about to start an extensive replacement project on some of its exterior trim. Seismic activity has caused it to separate from the house, and in some cases it has resulted in wood rotting from the rain. Can this be thought of as prolonging the useful life of my house? Once the bad trim has been replaced, my house will look so patched up that it will need a full exterior paint job. If the trim replacement can go toward adjusted cost basis, can the paint job that it necessitates also go in that category? Thanks so much.
