Remove from this record any enhancements which might be not part of your primary home. For instance, should you put wall-to-wall carpeting in your house and later replace it with new wall-to-wall carpeting, take away the worth of the first carpeting. Later, you changed that carpeting with new wall-to-wall carpeting. The price of the old carpeting you changed is not part of your home’s adjusted basis. Improvements embrace putting a recreation room in your unfinished basement, adding one other rest room or bed room, putting up a fence, placing in new plumbing or wiring, installing a brand new roof, and…
