Solved: Do renovations count as sales expense on the primary house i sold?
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stevens2s
New Member

Do renovations count as sales expense on the primary house i sold?

They are miscellaneous bills like carpet cleaning, mowing, and etc.
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jerry2000
Alumni

Do renovations count as sales expense on the primary house i sold?

You might find it helpful to read IRS Pub. 530, Tax Information for Homeowners
http://www.irs.gov/pub/irs-pdf/p530.pdf

and IRS Pub. 523, Selling your home
http://www.irs.gov/pub/irs-pdf/p523.pdf

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jerry2000
Alumni

Do renovations count as sales expense on the primary house i sold?

You might find it helpful to read IRS Pub. 530, Tax Information for Homeowners
http://www.irs.gov/pub/irs-pdf/p530.pdf

and IRS Pub. 523, Selling your home
http://www.irs.gov/pub/irs-pdf/p523.pdf

View solution in original post

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