will this $ be included in investment value?
2007-01-08 09:23:19 · 3 answers · asked by as 1 in Business & Finance ➔ Renting & Real Estate
You already know the answer, no written document ions, no write off. You could have taken a plain piece of paper and spelled out exactly what he did for X amount of dollars. Then you would have him to sign that he received the X dollars for doing the job.
2007-01-08 09:27:51 · answer #1 · answered by D S 4 · 0⤊ 0⤋
With so many new tax laws it really is worth the money to see a CPA. I invested 15 grand into my home but only part of it was deductable and only for a certain time. Generally speaking the only "investments" into your home that you can deduct are those for home heating improvements. Good Luck>
2007-01-08 17:34:25 · answer #2 · answered by tpbthigb 4 · 0⤊ 0⤋
As long as you have an receipt. Well you could do it but then just think what would happen if you got audited.
2007-01-08 17:33:22 · answer #3 · answered by Anonymous · 0⤊ 0⤋