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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?


To: Colin Cody who wrote (1266)1/13/2001 10:19:12 PM
From: DSPetry  Read Replies (1) | Respond to of 1383
 
Colin,
How is capital improvement to ones home calculated?
Someone told me that you take it directly off of gross income for calculations?
What supporting documentation is needed, are receipts for material enough (If you've done the work yourself)?
IE - Paving a driveway, putting on a substantial deck and putting a stone/marble fireplace in?
TIA,
Dave