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Yes you can deduct your home improvements when you sell your apt. and house. Also $250,000 per you and $250,000 for your spouse. Your question is just in time to do your 2018 taxes. Please bring your questions up with your accountant who will best advise you in this matter. Best of Luck.
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Thanks for your answer but I believe you misunderstood my question or I didn't phrase it properly. I'm not asking about one's personal taxes; rather, if co-op boards allow a shareholder to deduct improvements made to her/his apartment before calculating the flip tax. Thanks.
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