Home Improvements Can Help Lower Your Taxable Profit When You Sell!

🏡 What Counts as a Capital Improvement?
✔ New roof or siding
✔ Kitchen remodel
✔ Home additions
✔ Energy-efficient upgrades

🚫 What’s NOT Considered a Capital Improvement?
❌ Routine maintenance (painting, fixing a leak)
❌ Small repairs (patching drywall, replacing a faucet)

💰 Why It Matters:
Capital improvements increase your home’s cost basis—which means you pay less in capital gains tax when you sell!

Home Related Tax Deductions

This post is for general informational purposes only and should not be considered tax or financial advice. Always consult a licensed tax professional for personalized guidance.

.

.

.

.

.

#HomeImprovement #CapitalGainsTax #RealEstateInvesting #TaxSavings #SmartHomeowners #HomeSellingTips #SellYourHome #GarciasHomes #BuyingDreamHomeInMaryland #SellingHousesForTopDollarsInMaryland #MontgomeryCountyMDRealEstate