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nteowl
New Member

Can home repair such as a main water line break, and damage to the gasline during repair, count for any type of deduction since it is an upgrade to my property?

home repair, replaced main water line and put in new gas lines into my property
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CatinaT1
Expert Alumni

Can home repair such as a main water line break, and damage to the gasline during repair, count for any type of deduction since it is an upgrade to my property?

No.  This will increase your basis in the property that is used to calculate any capital gain when you sell the property.

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