[Mohawksin]

Originally Posted by LiverpoolWalrus

Thanks for all the responses. I should have said that yes of course I’ll be getting professional advice in a few weeks. I was asking for this information because it’ll make it easier for me to tally only the numbers that are relevant. There’s no sense in adding up costs in my records that aren’t deductible.

But I appreciate the consistency in the let’s say “tone” of TOTV responses!

You should keep records of every expense that adds to the basis so you can calculate the gain when you sell it.