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June 1, 2019
Question

Can I claim $7500 back yard reslope and french drain in order to stop water from going to foundation.

  • June 1, 2019
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1 reply

June 1, 2019

The IRS does not allow you to claim improvements or repairs to your own home.  You can add the amounts you paid to your basis (what you have in invested in your home) and that can save you money if you sell the home.

If the money was spent on a rental property, then it is deductible.  Enter the amounts on Schedule E.

May 30, 2025

The work would count as a capital improvement that will increase the cost basis of the house.  That will reduce gains when the house is sold.