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New Member
posted Apr 14, 2021 11:42:35 AM

I sold a second home. How do I deduct things like installed windows and doors and a deck replacement?

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2 Replies
Employee Tax Expert
Apr 14, 2021 11:57:12 AM

Home improvements are added to your cost basis.  Therefore a larger number is used in the calculation to determine whether you have a gain or loss on the sale of the property.

New Member
Apr 14, 2021 1:29:59 PM

Thank you