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Investors & landlords
Amy, THANK YOU for replying & answering my question.
Am I able to do the deductions for home improvements over the past years the house was leased out? &
Am I able to deduct the improvement amounts from the sale proceeds before paying any taxes to IRS or Colo?
If I’m purchasing another home with the sale proceeds will taxes still need to be paid within the quarter that the home is sold?
March 8, 2025
8:00 PM