Quote:
Originally posted by dtb
Yes, you're right (that IRS website is pretty informative -- I recommend it for some light reading before bedtime!). Unfortunately, we haven't made many improvements, but landscaping counts, so we have done some of that, new windows and updating electric (although I'm not certain I have the bill for that -- maybe the electrician could do a new one?). However, not enough to make a big dent in the gains.
Don't get me wrong -- I'm thrilled our junky little weekend house has turned into such a bonanza for us -- but tens of thousands of dollars owed in taxes (when I wasn't expecting to have to pay them) really smarts. (Ouch -- thaaaat's gonna leave a mark.)
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Does this mean you're giving up the horse-trainer?
