Which one of the following does not affect the adjusted basis of a house held as rental property?
A)depreciation deduction
B)adding a new room to the house
C)painting of more than 50% of the rooms in the home
D)installation of a completely new heating system

Question

Quizplus · Accepted Answer

Painting the rooms in the home does not affect the adjusted basis of the rental property, while depreciation, adding a new room, and installing a new heating system all affect the adjusted basis.

Which One of the Following Does Not Affect the Adjusted