topic Does a built-in fridge that stayed with the house at sale count toward the house's adjusted cost basis? in Deductions & credits

Does a built-in fridge that stayed with the house at sale count toward the house's adjusted cost basis?

chiz147 — Sat, 01 Jun 2019 21:07:49 GMT

When we purchased our home it did not include a fridge. We purchased a fridge to be built into the kitchen cabinets. When we sold the home, the fridge stayed with the home, as it was a custom fit for the kitchen. In this case, does the fridge count as an addition to our adjusted cost basis?

Yes, you can add the cost of the fridge to the cost basis...

MinhT — Sat, 01 Jun 2019 21:07:50 GMT

Yes, you can add the cost of the fridge to the cost basis of your home.

Thank you

chiz147 — Thu, 06 Jun 2019 06:54:52 GMT

Thank you

The cost of your kitchen remodeling, including space for...

fanfare — Thu, 06 Jun 2019 06:54:54 GMT

The cost of your kitchen remodeling, including space for a fridge, is the cost-basis addition.
A refrigerator is an appliance. if you left it, is is part of your agreed upon selling price,

I noticed that IRS Pub 523 lists "Built-in appliances" as...

chiz147 — Thu, 06 Jun 2019 06:54:56 GMT

I noticed that IRS Pub 523 lists "Built-in appliances" as an "Example of Improvements That
Increase Basis". In some forums I've heard it said that a built in dishwasher qualifies. How is a built-in fridge different?

If it is truly custom made, I suppose you can include it.

fanfare — Thu, 06 Jun 2019 06:54:57 GMT

If it is truly custom made, I suppose you can include it.

let me know where you can get a custom made to fit refrig...

fanfare — Thu, 06 Jun 2019 06:54:58 GMT

let me know where you can get a custom made to fit refrigerator ; it's exactly what I need.