Improvements in property are subtracted from the selling price of the property in determining the capital gains on sale of property.

Name: Improvements in property are subtracted from the selling price of the property in determining the capital gains on sale of property.
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Improvements in property are added to the property's cost basis, not subtracted from the selling price, which can reduce the capital gains on the sale of the property.

Improvements in Property Are Subtracted from the Selling Price of the Property