Can my condo’s maintenance fees be added to my cost basis? (NJ)

/ Owner - March 19, 2019

Q. I have a condominium in a multi-story building and I pay a monthly maintenance fee. Some of the money is used for capital improvements, such as a new roof or building ventilation system. May my share of these long-term improvements be added to the cost basis of my condo?   Read the Q&A…………………..

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