Where do i enter remodeling expenses on a home that i sold that was inherited

[kimchi1685]

in addition, we did all the work ourselves so do not have contractor receipts.  how much can i deduct without being audited.

[tagteam · Accepted solution]

You cannot deduct anything for the value of your labor.

You can, however, add the cost of materials/supplies used for improvements to the basis of the property.

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