Tax deductions for home renovations done in 06? - Early Retirement & Financial Independence Community

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Tax deductions for home renovations done in 06?

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Tax deductions for home renovations done in 06?

11-07-2009, 01:07 PM	#1
wilkens21 Dryer sheet aficionado Join Date: Nov 2007 Posts: 27	hi everyone! I just sold my home this year, and did full scale renovations of my old place back in 2006. Am I entitled to any kind of tax deduction - for this tax year - due to these renovations as I sold the house this year? Kept all the receipts and the renovations were about $30K. If there is a link somewhere i can read about this, I'd appreciate it as I'm tax law dumb I confess.... thanks!

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