No, your cost basis is half of the fair market value (FMV) plus improvements or $14,165.
You are correct that you can only use half of the commission and fees on the less common adjustments page when the property sold.
You can add the cost of home renovations (new roof and new furnace) that were made after your name was added to the deed only if you paid for it. You can add the amount that you paid to the basis of the property. Click here to learn more.
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