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joyrees
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Can a new hot water heater, new central air conditioner, and new electrical panel increase the basis to decrease the gain on the sale of my half of a second home?

 
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Can a new hot water heater, new central air conditioner, and new electrical panel increase the basis to decrease the gain on the sale of my half of a second home?

Yes, all of those are considered as improvements to the home, which increases your Basis.

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Can a new hot water heater, new central air conditioner, and new electrical panel increase the basis to decrease the gain on the sale of my half of a second home?

Yes, all of those are considered as improvements to the home, which increases your Basis.

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