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Track Home Improvements to Save Money

Qualifying improvements can raise your home's adjusted basis — and a higher basis can mean less taxable gain when you sell. The catch is proving them years later. This keeps the record as you go.

  • Log a project in a minute — date, cost, and a photo of the receipt
  • Reminders that keep the record current, year after year
  • A one-click export your tax professional can actually use
Complimentary Pro Account from Joe Farro

What your ledger holds

  • Roof replacement 2019$18,400
  • Kitchen remodel 2021$31,200
  • HVAC system 2023$9,800
  • + 2 more improvements$30,600
Tracked improvements$90,000

Every project, with its date and cost, in one running total — the record your adjusted basis is worked out from. Free on every account.

Who’s behind this

Joe Farro

Certified Mortgage Planner · Home Express Mortgage

Serving GA, FL

with 35+ years of experience and knowledge - let me work for you on your home financing needs!

(561) 320-2211

(678) 289-6600

joe@joefarro.com

www.joefarro.com

What this saves you

When you sell, your gain is measured against what the home cost you — purchase price plus qualifying improvements. A documented improvement can raise that number. One you can’t prove may not count at all.

Nothing forgotten

The roof you replaced six years ago can still count — if you can show it.

Receipts that survive

Photograph it once. It's there years later, when the shoebox isn't.

Ready at sale time

Hand your tax professional one clean summary instead of a weekend of digging.

What it looks like after a few years

Four projects, logged as they happened. This is the summary you hand over when you sell.

2021Roof replacement$18,400
2022Kitchen remodel$31,200
2023Furnace and A/C$9,800
2024Rear deck$12,600
What you paid for the home$412,000
Improvements you documented+ $72,000
Your cost basis$484,000

Illustrative figures. Your gain at sale is measured against your cost basis — so these four projects, documented, can keep $72,000 of the sale price from counting as gain. Without the records, that $72,000 may count as gain.

Joe Farro has covered your Pro account

Receipt storage, more than one property, and the tax export — all included.

Complimentary Pro Account from Joe Farro

HomeBasisLedger is a recordkeeping tool, not tax advice. Learn more.