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Unsure about capital gains tax?

Don’t leave money on the table when you sell. HouseFacts helps you track home upgrades, store receipts, and build a clear cost basis—so you’re ready when it counts.

How HouseFacts Helps

We don’t just store your bills—we help you understand them.

Smart Bill Flagging

Upload a receipt, and our system reviews it instantly. If it might impact your cost basis, we flag it for review—so you don’t have to wonder if that bathroom upgrade qualifies.

Organized & Categorized Automatically

No more folders or spreadsheets.We organize your receipts, label expenses as repairs or improvements, and store everything in one searchable place. So when tax season (or home sale time) comes around, you’re already ahead.

Live Cost Basis Summary

See how your home’s value is building over time with a real-time cost basis breakdown.
Every qualifying improvement you log brings you one step closer to maximizing your tax savings.

Shared Access for Smarter Collaboration

Invite co-owners, family members, or even your tax preparer to view or manage your records. Because staying organized shouldn't be a solo mission.

Basis adjustment savings calculator

See how much you could save by tracking your home improvements. Based on a 20% capital gains tax rate. Your actual savings may vary.

$ 15000
% 20
$ 15000
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Disclaimer: Always consult a licensed tax advisor before making decisions based on cost basis adjustments or capital gains planning.

When you sell a home, the IRS lets you subtract your adjusted cost basis from your sale price to determine your capital gain. Increasing your basis through eligible improvements means you may owe less tax.

A picture of a couple admiring their home.

Basis adjustment savings calculator

See how much you could save by tracking your home improvements. Based on a 20% capital gains tax rate. Your actual savings may vary.

$ 15000
% 20
$ 15000
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Disclaimer: Always consult a licensed tax advisor before making decisions based on cost basis adjustments or capital gains planning.

Want to learn more about cost basis?

Frequently Asked Questions

What happens if I don’t track my cost basis properly?

If you can't prove your improvements with records, you could miss out on thousands in tax savings at the time of sale. The IRS requires documentation to support your claims.

Is this information considered official tax advice?

No. This is for informational purposes only. You should always consult with a qualified tax professional for advice specific to your financial situation.

Can I add multiple properties to HouseFacts?

Yes! HouseFacts was built with multi-property homeowners in mind. We support multiple properties, whether you have rental properties, vacation homes, or are managing properties for others.

Can HouseFacts backfill older home improvements?

Yes! You can upload past receipts, invoices, or even photos. We’ll help you build your home’s history even if you’re starting years after your purchase.

Can I cancel my subscription at any time?

Yes, you can cancel your subscription at any time. You’ll retain access to the platform for the remaining term of your subscription.