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I sold my second home in 2017. Can I add the cost of the HVAC unit I replaced to the cost basis as a capital improvement?
This was a vacation home and not used for rental income.
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I sold my second home in 2017. Can I add the cost of the HVAC unit I replaced to the cost basis as a capital improvement?
Yes, you can add the cost of the HVAC to the cost basis of your second home.
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