Solved: Re: We sold logs off our property. It was bare land, so we needed to put in a road. Can we deduct...

We sold logs off our property. It was bare land, so we needed to put in a road. Can we deduct the costs of putting in the road to access the trees?

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Yes, you can add the cost of the road improvement to your Cost Basis when you report the sale of the timber in TurboTax.

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Yes, you can add the cost of the road improvement to your Cost Basis when you report the sale of the timber in TurboTax.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

We sold logs off our property. It was bare land, so we needed to put in a road. Can we deduct the costs of putting in the road to access the trees?