Quote:
Originally posted by dtb
[capital gains taxes]
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Just a wild ass guess, but I would think you might be able to deduct (or rather, adjust the basis to reflect, but who's counting) improvement costs, repair costs, etc., just like you used to be able to with primary residences when all capital gains were taxable (as opposed to the current scheme of capital gains being taxable only above a certain amount).
But, that's just a total guess. I'll keep the smartass "Good problem to have!" responses to myself.
