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tbforsythe57
New Member

Can I deduct our expense to connect to the sewer system that was new to our neighbor hood?

 
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MinhT
Expert Alumni

Can I deduct our expense to connect to the sewer system that was new to our neighbor hood?

If this expense is for your residence, it is not tax deductible, but you can add it to the cost basis of your home which will help lower any capital gain when you sell the home.

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MinhT
Expert Alumni

Can I deduct our expense to connect to the sewer system that was new to our neighbor hood?

If this expense is for your residence, it is not tax deductible, but you can add it to the cost basis of your home which will help lower any capital gain when you sell the home.

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

View solution in original post

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