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Author: pmarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121599  
Subject: Re: capital improvements to primary residence Date: 4/20/2003 9:21 AM
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Saving receipts for home improvement costs so I can adjust cost basis when I sell. Ten years ago, replaced washer & dryer with new Amana washer & dryer. (Assuming if I fixed the old ones, that would be maintenance so cost wouldn't count, but getting nice new ones would count as capital improvements.)

I don't agree that replacing or even upgrading appliances is a capital improvement. They wear out, after all, and replacing or upgrading them doesn't extend the life of the property (as opposed to a new roof).

Phil
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