in [Event] Ask the Experts: Biz Recordkeeping & 1099-NEC Filing
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The cost of improvements made in order to add value to your second home is added to your cost basis which decreases your capital gain when you sell.
See publication 523 for a discussion of which costs do and don't adjust your basis. Most importantly, there is a difference between improvements (which do adjust basis) and repairs and maintenance (which do not).
https://www.irs.gov/forms-pubs/about-publication-523
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