|
#2
| |||
| |||
| John J. Wood <john.j.wood[at]verizon.net> wrote: - quote - > I did a major renovation in my co-op apartment which
Unless this apartment is used for your trade or business, it> required me to relocate for nine months while the work was > being done. Can I add the cost of renting another apartment > and the storage costs for my furniture during this nine > month period as part of the cost basis of the apartment? is a personal and nondeductible cost. __ Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
|
#1
| |||
| |||
| "John J. Wood" <john.j.wood[at]verizon.net> wrote: - quote - > I did a major renovation in my co-op apartment which
No.> required me to relocate for nine months while the work was > being done. Can I add the cost of renting another apartment > and the storage costs for my furniture during this nine > month period as part of the cost basis of the apartment? -- David M. Woods, EA, ChFC, CLU Woods Financial Services Norwood, MA 02062 www.woods-financial.com << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| | |||
| |||
| john.j.wood[at]verizon.net (John J. Wood) writes: - quote - > I did a major renovation in my co-op apartment which
No> required me to relocate for nine months while the work was > being done. Can I add the cost of renting another apartment > and the storage costs for my furniture during this nine > month period as part of the cost basis of the apartment? Phil Marti Clarksburg, MD << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
|
#-1
| |||
| |||
| I did a major renovation in my co-op apartment which required me to relocate for nine months while the work was being done. Can I add the cost of renting another apartment and the storage costs for my furniture during this nine month period as part of the cost basis of the apartment? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| cost, due, improvements, primary, relocation, residence, temporary |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Primary Residence, how should I handle my "residence" credentials Me2: I purchased a residence that I go to every wed and weekends, however, I the other times I travel to and from work from an apartment because it is... | Taxes | 2 | 04-05-2004 10:26 PM | |
| Re: renting part of my primary residence John H. Fisher: lam94618@yahoo.com (Emery Lam) writes: > If I rent out part of my live-work loft to a business, > do I still qualify for the capital gains... | Taxes | 1 | 07-16-2003 10:24 AM | |
| Thread Tools | |
| Display Modes | |
| |