What this saves you
When you sell, your gain is measured against what the home cost you — purchase price plusthe improvements you’ve made. Every documented project can raise that number. Undocumented ones can’t.
Nothing forgotten
The roof you replaced six years ago still counts — 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.
| 2021 | Roof replacement | $18,400 |
| 2022 | Kitchen remodel | $31,200 |
| 2023 | Furnace and A/C | $9,800 |
| 2024 | Rear deck | $12,600 |
Illustrative figures. Your gain at sale is measured against your cost basis — so every project you can document is $72,000 of sale price that isn’t counted as profit. Without the records, it is.
Michael White has covered your Pro account
Receipt storage, more than one property, and the tax export — all included.
Who’s behind this
HomeBasisLedger is a recordkeeping tool, not tax advice. Learn more.
