Can I include the cost of appliance warranties associated with the kitchen renovation of a second home to the cost basis?

I renovated the kitchen of a second home. Can I include the cost of the warranties for the new appliances that were installed during the renovation in the cost basis of that home?

499

Level 15

Dec 20, 2020 10:27:46 AM

No, unless it is a rental property.

Returning Member

Dec 23, 2020 9:16:10 AM

Perfect. Thank you.

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Can I include the cost of appliance warranties associated with the kitchen renovation of a second home to the cost basis?