- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Had the work been done while the house was part of the estate, you could have submitted expenses for the estate to reimburse for the travel for upkeep of the house. Travel is not considered in a basis, I can imagine terrible abuse of that! .A rental house allows travel.
Publication 551 (12/2018), Basis of Assets | Internal Revenue Service details what is allowed.
**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 26, 2021
6:47 PM