How do i treat capital expenditure on home. Affidavit of Capital Improvement.?

Form E-589CI

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How do i treat capital expenditure on home. Affidavit of Capital Improvement.?

This will be significant when you sell your home.

To calculate the cost basis you will include the original cost of the home plus improvements made to the home.
The Form E-589CI will help substantiate the improvements.

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