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Thanks for the response. However, it doesn't answer the question of whether one's capital gains tax bill will be affected by any investments in renovating or improving the property. If you take another look at my comment, you will see that I already answered this question.

The cost basis used in the capital gains calculation may be adjusted by qualifying home improvement expenses, but not by things like maintenance costs.

P.S. A bit of friendly advice. There is almost always a better way to phrase things than "you're making this way too complicated in your head". It can be poorly received even if you are well-situated to provide useful information or understanding to the other person. It comes off especially poorly when you didn't understand what the other person was asking.



A bit of friendly advice: starting out with "a bit of friendly advice" is passive-aggressive. It can be poorly received even if you are well-situated to provide useful information or understanding to the other person.

edit: https://www.irs.gov/publications/p523#en_US_2018_publink1000... I'm not a tax attorney, that's a question for a tax attorney. Calculating capital gains taxation isn't really the topic at hand.


That is fair. I didn't need the "friendly advice" sentence. I was a bit annoyed but that's no excuse.

Edit: Addressing your edit, the capital gains calculation is literally what the comment (by usaar333) before me asked about:

> I'm not even sure how they calculate capital gain. If I do maintenance on my house, are the authors viewing that as raising the basis?




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