Q: I purchased a home in 2003 as my primary residence. I renovated a kitchen and a bathroom. Are any of the home improvements tax deductible? --Jeff, Greenwich, CT
The following answer was provided by Wesley Rickard, CPA, Quin, Rickard, Lipshires, & Grupp LLP, Norwood.
A: No they may be added to your cost basis only for purposes of determining any gain on a future sale of the home.
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