When we purchased our home it did not include a fridge. We purchased a fridge to be built into the kitchen cabinets. When we sold the home, the fridge stayed with the home, as it was a custom fit for the kitchen. In this case, does the fridge count as an addition to our adjusted cost basis?
Yes, you can add the cost of the fridge to the cost basis of your home.
The cost of your kitchen remodeling, including space for a fridge, is the cost-basis addition.
A refrigerator is an appliance. if you left it, is is part of your agreed upon selling price,
I noticed that IRS Pub 523 lists "Built-in appliances" as an "Example of Improvements That
Increase Basis". In some forums I've heard it said that a built in dishwasher qualifies. How is a built-in fridge different?