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April 15, 2025
Question

I purchased land in 2024 that I plan to develop as my personal residence. Where do I add this on my taxes?

  • April 15, 2025
  • 1 reply
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    1 reply

    KrisD15
    April 15, 2025

    You don't, but keep records of the cost. 

    The cost of the land may be needed if your home is sold (after it is built).

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