[zemo]

A bit of friendly advice: starting out with "a bit of friendly advice" is passive-aggressive. It can be poorly received even if you are well-situated to provide useful information or understanding to the other person.

edit: https://www.irs.gov/publications/p523#en_US_2018_publink1000... I'm not a tax attorney, that's a question for a tax attorney. Calculating capital gains taxation isn't really the topic at hand.

[dwaltrip]

That is fair. I didn't need the "friendly advice" sentence. I was a bit annoyed but that's no excuse.

Edit: Addressing your edit, the capital gains calculation is literally what the comment (by usaar333) before me asked about:

> I'm not even sure how they calculate capital gain. If I do maintenance on my house, are the authors viewing that as raising the basis?