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Level 4
June 6, 2019
Question

When calculating cost basis for sale a rental property...Can the cost of repairs, made by the seller (as requested by buyer after inspections) be added to the cost basis?

  • June 6, 2019
  • 1 reply
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1 reply

Level 2
June 6, 2019
yes it can be added to the cost
jhwgwAuthor
Level 4
June 6, 2019
TU.  What about a radon test that we had done, in addition to the inspection, when we bought the property?