I am trying to figure out for my son the best way for him to file taxes next year with deductions.
He has 2 years into new owned home (originally built in 1963) and he will be putting in $17k worth of replaced sewer pipe that is bigger and no longer deteriorated tiny cast-iron pipe.
Its a major change and we will help him and his joint filing wife as needed with paying for it. The question is how to best reduce the burden of this work and future major repairs on him, when they are clearly improvements that are non-cosmetic and add value.
- G
