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Yes but how much of that stuff can be recouped in the sale of that house?

As far as I could tell, none (except possibly appliance replacement). Those were all strictly ongoing maintenance expenses that are necessary to preserve the value of the asset.


And if you think about it, the question really isn't really what 'adds value', otherwise you could argue that paying your interest adds value because otherwise the house will be foreclosed on and sold at auction for less.

Rather, the question is comparing it to renting and how the money works. Maintaining the property and doing repairs is paid for you in renting, so it is an additional expense of homeownership that is included in rent.

If you want to argue that maintanence is value gain, then both removing the maintanence and including your value gain is double counting. If you don't count maintanence as an expense, then you have to remove the value gain portion due to maintanence... since you've already counted that by not including maintanence as an expense. The answer still comes out the same, but just becomes overly complicated.
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