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Old 12-25-2016, 11:25 AM
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Building a New House

This year I started to build my new house, clarifying that I am not a contractor, and my question is the following. I would like to know if I can include all my expenses in my declaration of income tax ?.



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Old 12-29-2016, 09:58 AM
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If this is your primary residence the short answer is no. These expenses simply add to your basis when the home is sold. You can deduct your real estate taxes and sales tax paid though.



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