- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Depends on what you paid the contractor for. If you paid them for some minor repairs then you should expense it. If you paid them for something that added value to the house you should add the cost of paying them to your basis.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 17, 2025
11:29 AM