Deductions & credits

@Opus 17 - what I was thinking on the utilties was the power required to build the house; many tools require electricity to run them - and that electric expense is a cost of building the house.  utility costs to maintain the structure - I agree - cannot be capitalized.

 

Why would tools "never" be included?  Many tools can be rented these days.  I would agree that personally owned tools are never included.