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April 12, 2025
Question

How do i treat capital expenditure on home.Affidavit of Capital Improvement.?

  • April 12, 2025
  • 1 reply
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Form E-589CI

    1 reply

    JohnB5677
    April 12, 2025

    This will be significant when you sell your home.

    • To calculate the cost basis you will include the original cost of the home plus improvements made to the home.
    • The Form E-589CI will help substantiate the improvements.
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