Possibly, you cannot add to the basis of the house the amounts paid for maintenance and utilities, but any amounts paid for remodeling and/or major repairs for the house do add to the basis. Also selling expenses can be deducted.
If you owned the home for at least 2 of the last 5 years and lived there for at least 2 years out of the last 5 years you can exclude up to $500,000 if you are Married Filing Joint or $250,000 if you are Single.
Link to Tax Aspects of Home Ownership
@LEK
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