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+--- Thread: Recent home buyer has tax questions (/thread-recent-home-buyer-has-tax-questions)
Recent home buyer has tax questions - doodle - 03-10-2007
We bought a home during 2006. I'm wondering if we can deduct
1) landscaping materials and home improvement supplies like fencing?
2) furnishings & maintenance tools like refridgerator, table and chairs, and riding lawnmower?
3) home maintenance costs like servicing for our heater and our electric, heater air filters, pest control services, etc.?
Thank you very much if anyone can help!
[)]
- msc286 - 03-13-2007
It is not clear whether you have purchase this home in Pakistan or in USA.
Further what do you mean by deducting?
In Pakistan, there is no such provision as to deduct these expenses from the income of a taxpayer. Prior to Tax Year 2007, certain expenses were allowable as deduction from the RENT INCOME if the property was let out, but that has been done away with.
Mahmood Chaudhry
ACA, ACCA