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Tax Deductible? |
We prerequisite to change our carpet floor to hardwood floor, due to our daughter's allergy to the dust and other baloney in the carpet. Will the cost of this renovation is tax deductible? Thanks! -Betty
| Answer: Improvements are NOT tax deductible. Mortage interest and snug harbor a comfortable equity interest is GENERALLY tax deductible. The primary purpose must be medical Care. If a capital costs for medical care also constitutes a permanent improvement or betterment |
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