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  • Re: If you take a cash out when refinancing and the money your cashing out is to reinvest in home improvements on your primary home (roof, paint, deck replacement) do you need to pay taxes on the cash...
NCperson
NCperson
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Investors & landlords

@Karenwants2know - and all those improvements add to the cost basis of your home, so that when you eventually sell, any capital gains is minimized.

‎November 22, 2022 3:04 AM
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