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travianl
New Member

I added a room on to my house last year do I get credit for this?

 
2 Replies
SweetieJean
Level 15

I added a room on to my house last year do I get credit for this?

For personal reasons? No.
Anita01
New Member

I added a room on to my house last year do I get credit for this?

No, there is no credit for adding a room to your residence.  You do, however, keep track of all the costs because these costs can be added to the original cost of your home plus any other improvements made to the house, to increase your cost basis and lower any potential taxable gain when you sell.

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