We just sold our principal residence (of 28 years!) at a healthy profit and will use the $500,000 exclusion. Can I still use fixing -up expenses as part of the selling expenses, which are deducted from the selling price? Also, can I add as part of the adjusted basis those closing costs associated with refinancing specifically done for the purpose of additions/remodelling of the home?
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra