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Nesgroup address: misc.consumers.house - Date & Time for the message: Thu, 16 Jun 2005 19:38:01 -0600 /

Author of the message: Luke

Title of the message:
Re: improvements increasing cost basis

Text of the message:
On Thu, 16 Jun 2005 14:37:06 -0400, "a65" <ads@ad2222.cn> wrote:

>is there any sort of IRS publication that details what gets added to the
>cost of your home when calculating your cost basis?

IRS Pub 523 Selling Your Home:
http://www.irs.gov/formspubs/lists/0,,id=97819,00.html

>what in particular i'm interested in: the deck wasn't sealed/stained, does
>doing that count or is that normal routine maintenance?

Maintenance, doesn't add to basis, but can be an expense of sale if
done before selling.
--
Luke
______________________________________________________________________
"Bush wanted to remove Saddam, through military action, justified by
the conjunction of terrorism and WMD. But the intelligence and facts
were being fixed around the policy."
               -- The Downing Street Memo, July 23, 2002
                  http://www.downingstreetmemo.com
.



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