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Posted by joetaxpayer on April 25, 2007, 3:58 am
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Me-manny wrote:
> I have a condo in a 13 floor high rise, with 92 units. We
> had a special assessment to put on a new roof. Can I add
> what I paid for the assessment to my basis?
See page 8 of Pub 530 found at IRS.GOV
Replacing a roof will increase your basis.
JOE
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