@Benny and @goosehead – normally what Benny is saying is correct that major improvements and renovations are all added to the cost base like stamp duty for future capital gains cals, so you get it back at sale, NOT as a tax deduction.

HOWEVER

For asbestos roof removal, there is a special rule I believe (please check this for yourself with your…[Read more]

@goosehead FYI I liked your question just because and @Benny I liked your promise to investigate – thanks. In my view (and other forums) the like button is more useful as it encourages positive feedback. The number of positive interactions gives a good guide to trust in the arena. If people dislike just because they have a differing opinion…[Read more]

Thanks. Have checked out WB, but had a friend (RE Agent) reference for BMT.

@Goosehead -> didn’t buy in 89′, was built in ’89 – purchased in 2007 for $365k. Nice area – just off Collins rd backing onto the state forest.

Thanks,
Simon