What Are Capital Improvements?

Answer Though you might not know it, when you add a structure that enhances the value of an asset, you have carried out a capital improvement. Replacements and upgrades that extend an asset's lifespan als... Read More »

Top Q&A For: What Are Capital Improvements

Are appliances capital improvements?

I had the same question and I found this on another web site "Improvements, on the other hand, include things like a new roof, new carpets, new appliances, new additions, a remodeled kitchen, etc."... Read More »

Are capital improvements tax deductible?

Capital improvements are capital costs, and capital costs are capitalized, not deducted. Capital improvements increase the basis in the property on which the capital improvement occurred. The incre... Read More »

The Best Ways to Raise Money for Capital Improvements With Limited Debt?

Firms with limited debt should find other ways to raise capital other than taking on more debt, a suggestion greatly emphasized by the financial recession from 2007 to 2009 that magnified the impac... Read More »

What city is the capital of Alabama and was the first capital of the Confederacy?

Montgomery, Alabama, became the state's capital in 1846 due to its proximity to the Alabama River. During the Civil War, it also served as capital of the Confederacy from February through May 1861.... Read More »