Help my CPA didn’t expense my remodel costs.
At closing I got my check which is my profit and remodeling costs.My accountant refused to deduct these expenses on my Capital Gains form.He included the total cash received at closing.What can I do? So basically he’s having me pay taxes on my own money.HELP!
Most Popular Reply
Carlos Ptriawan
#2 Market Trends & Data Contributor
#2 Market Trends & Data Contributor
First thing first when meet CPA: you tell them your biggest concern and what you want to achieve so they can understand what to do and what they can't do. Give them a challenge at the beginning rather than treating it just like passing another tax return every year.