https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-get-refunds-on-home-improvements-ie-rental-equipment-gravel/01/605430#M26359 Thu, 06 Jun 2019 05:50:50 GMT gduanehoffman 2019-06-06T05:50:50Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-get-refunds-on-home-improvements-ie-rental-equipment-gravel/01/605430#M26359 Thu, 06 Jun 2019 05:50:50 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-get-refunds-on-home-improvements-ie-rental-equipment-gravel/01/605430#M26359 gduanehoffman 2019-06-06T05:50:50Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-repairs-maintenance-and-improvements-to-your-perso/01/605435#M26360 No.<BR />Repairs, maintenance, and improvements&nbsp;&nbsp;to your personal residence property are not deductible from current income. If you make major improvements which increase your home’s market value or extend its useful life, you can add the cost of the improvements to the cost basis of your home, and you get the benefit when you sell.<BR />You might find it helpful to read IRS Pub. 530, Tax Information for Homeowners<BR /><A rel="nofollow" target="_blank" href="http://www.irs.gov/pub/irs-pdf/p530.pdf">http://www.irs.gov/pub/irs-pdf/p530.pdf</A> Thu, 06 Jun 2019 05:50:51 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-repairs-maintenance-and-improvements-to-your-perso/01/605435#M26360 jerry2000 2019-06-06T05:50:51Z