Quote:
Originally Posted by Rhotchkiss
(ii) costs incurred in connection with the purchase, maintenance, and disposition of a capital asset should be added to the cost basis of that asset.
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I think improvement might be better than maintenance. Fixing a broken window doesn't add to basis; replacing it with a better version might. Getting raw cards graded would add to basis; the cost of boxes to store them in might not. (Raw cards graded are improved financially -- that is the only context in which I am saying they are improved. Nobody needs to defend the virtue of raw cards here.)