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Level 1
posted Mar 9, 2022 4:39:29 PM

Insulation of attic can be used for basis?

I sold my home.  Can I use the cost of buying insulation materials for my attic when calculating the house basis?

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1 Replies
Expert Alumni
Mar 9, 2022 4:43:59 PM

Yes, you can add the cost of insulation to the basis of your home.  See Table 1. Examples of Increases and Decreases to Basis.