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My daughter took her life in our bathroom in Dec. 2019. We had to remodel in 2020. Can we write anything off?

 
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1 Reply
ToddL99
Expert Alumni

My daughter took her life in our bathroom in Dec. 2019. We had to remodel in 2020. Can we write anything off?

Unfortunately, remodeling costs of the nature you described are not deductible.

 

The costs of remodeling are, however, added to the cost basis of the home and will reduce any gain when you eventually sell.

 

And, our profound condolences for your loss.

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