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Investors & landlords
I consider that a gift
So do I. But it does not change the fact that property improvements add value to the property, regardless of who paid for those improvements, and regardless of what we may consider them; gift or otherwise.
Besides, you definitely "WANT" things that add value to the property, since the increase in cost basis decreases your taxable gain on the sale.
‎December 25, 2020
5:12 PM