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Get your taxes done using TurboTax
I tend to agree with @KrisD15. I do not see a source for the other articles, but I will attach a copy of the IRS publication.
See pages 8 & 9 Publication Selling Your Home
Page 9 "Examples of improvements you CAN’T include in your basis.
You can’t include:
- Any costs of repairs or maintenance that are necessary to keep your home in good condition but don’t add to its value or prolong its life.
- Examples include
- painting (interior or exterior),
- fixing leaks,
- filling holes or cracks, or
- replacing broken hardware.
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March 14, 2022
8:05 AM
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