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My house has been flooded twice. If I made improvements to prevent future flooding is that work tax deductible?
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My house has been flooded twice. If I made improvements to prevent future flooding is that work tax deductible?
No. The cos is simply added to your cost basis, for when the house is sold in the future.
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My house has been flooded twice. If I made improvements to prevent future flooding is that work tax deductible?
No. The cos is simply added to your cost basis, for when the house is sold in the future.
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My house has been flooded twice. If I made improvements to prevent future flooding is that work tax deductible?
Thanks for your help.