Common major purchases include:
- Vehicles
- Off-road vehicle
You can also include:
- Aircraft
- Boats
- Mobile homes
- Manufactured housing
- Building materials for major
home improvements
These items are not considered to
be major purchases:
- Furniture
- Jewelry
- Computers
- Televisions or other
electronic equipment
- Items purchased for your
business or rental property
So, no to the paint and labor costs for sure. It has to qualify as a major home improvement.