We finished our basement this year. is some of it tax deductible? being that its more efficient?

chrisandyulia · ‎May 31, 2019

xmasbaby0 · ‎May 31, 2019

Home improvements to your own home are not deductible. They add to the cost basis for when you sell the home someday, so save your records.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

View solution in original post

xmasbaby0 · ‎May 31, 2019

Home improvements to your own home are not deductible. They add to the cost basis for when you sell the home someday, so save your records.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Expert does your taxes

Do it yourself

Resources

Support

We finished our basement this year. is some of it tax deductible? being that its more efficient?