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When you make a home improvement, such as installing central air conditioning, adding a sunroom or replacing the roof, you can't deduct the cost in the year you spend the money. But if you keep track of those expenses, they may help you reduce your taxes in the year you sell your house.

“Do I get a tax break for all the money I’ve spent fixing up my house?” from Turbo Tax

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Home Improvements vs Repairs & Your Taxes News flash…taxes & deductions can be quite confusing when it comes to your home! Follow the link from the image below to read a break down of claimable deductions regarding home improvements, home repairs & home sales in an article by Turbo Tax. SaveSave SaveSave