I made hundreds of thousands of dollars in massive home improvements over the years, how do I add these costs to my basis to lower my capital gains tax?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

Home improvement costs can often affect the tax basis of a sold home, but the details usually depend on whether the expenses were capital improvements, repairs, or routine maintenance, and on how well the records tie each cost to the property. In many cases, documentation such as invoices, contracto For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.