SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Young and Older Folk Portfolio
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Diddywahdiddy who wrote (22012)11/7/2025 6:49:00 AM
From: cemanuel2 Recommendations

Recommended By
cajman1
Diddywahdiddy

   of 23620
 
The improvement/maintenance HELOC rules are largely the same as they are for what you can include as improvement expenses when calculating capital gains when selling. Ever since I bought my place I've filed every receipt for anything that's gone into my place. I know there will be a lot of sorting when the time comes. New roofs on my older barns won't count while putting fence or paying a contractor to improve drainage up likely will (my home place is not listed as part of my real estate business).

When looking at this aspect the other important thing to remember is that mortgage (and HELOC if used for improvements) principle paid is a legit expense but interest is not.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News