posted

I bought a new condo in 10/2016, I still own my townhouse, which is having work done in it,I will put it up for sale next month, do I need to claim anything in 2016?

1 Best answer

Accepted Solutions

No. Any capital improvements on the home for sale increases your cost basis at the time of sale.

1 Reply

No. Any capital improvements on the home for sale increases your cost basis at the time of sale.

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