Capital improvements/expenses
Hi, just sold a house in California and am wondering if the items below are considered capital improvements that can be added to the basis, or capital expenses that can be deducted from the gain. If so, should that be done prior to calculating capital gains tax and other affected taxes? As well, is landscaping - perennials, shrubs, trees, irrigation systems - considered a capital improvement? Thank you. Master Bathroom Tiling Roof vents - Pest Control Carpet install - bdrm and media room Door build and install - main bath Door install/hardware Electrical work - interior Electrical work - exterior Electrical work/parts - interior Stair repair Garage door keyless entry install City permit costs Plaster wall repair Misc. Plumbing Misc construction int/ext Lower deck and pergola design Architectural services Media room remodel Architectural services Lower deck and pergola construction
