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The Importance of Tracking Home Improvements and Expenses
Have a designated folder to store important documents related to your house, such as mortgage paperwork and receipts for renovations./nCreate a record of all expenditures made to improve the house, as these can be deducted from the total gained when selling the house./nKeeping track of improvements and expenses can help save on taxes and provide valuable information for future buyers of the property./nEnsure that the house is properly insured by thoroughly researching insurance policies and consulting with brokers and companies.