Home Cost Basis Calculator
Receipt Vault’s AI-powered cost-basis calculator automatically captures and categorizes all your home-related expenses. From the day you close on your property, Receipt Vault helps you identify potential deductions each tax year while simultaneously maintaining a real-time, running tally of your capital improvement costs for any future sale.

Automatically categorizes home improvement expenses for accurate cost tracking.
Instantly see your home’s total investment with every receipt added.
Export organized records for capital gains calculations when selling.
Our proprietary AI-powered home cost basis calculator automatically sorts receipts into tax-relevant categories, while also allowing you to tag transactions to specific folders for each home project or life event. Whether it's a new roof, HVAC upgrade, or full kitchen renovation, every expense is properly classified for maximum tax benefits when you sell your property.


Create dedicated folders for each home improvement project to monitor costs and stay within budget. Track contractor payments, material purchases, and permit fees in one organized location. Perfect for managing multiple renovations or tracking expenses across rental properties.
With multiple ways of capturing your home-related transactions, Receipt Vault helps provide you with ultimate peace of mind about your home's cost basis. Through seamless integration with your email, all digital transactions such as larger invoices to your contractor and wire will automatically flow into your Vault. And for those paper or hand-written receipts from gardening, roofing, and other local service providers, simply snap a photo and Receipt Vault's OCR scanning takes care of the rest!


View detailed breakdowns of your home investment over time with visual charts and reports. Track spending trends, compare costs across projects, and identify areas where your home value could benefit from capital improvements.
Never lose track of another home improvement expense. Try Receipt Vault’s home cost basis calculator free for 30 days and see exactly how much you’ve invested in your property.



Receipt Vault transforms how homeowners and property investors track their real estate investments, providing the most comprehensive home cost basis calculator available.
Automatic Gmail/Outlook integration for instant receipt capture
Mobile app for scanning paper receipts anywhere
Smart search to find any receipt in seconds
Automatic categorization and custom folder organization for projects and important life events
Return window tracking with calendar reminders
Real-time cost basis calculator for property expenses, capital improvements, and additional annual tax deductions
Spending analytics dashboard for financial insights
One-click exports for bookkeeping, tax season, expense reporting, and more
Multi-user access for teams and families
Secure cloud storage with bank-level encryption







A Receipt Vault helps you organize your home-related expenses, but it does not provide tax advice. For complete tax guidance on deductions and cost basis, please refer to IRS resources or consult a tax professional.
The cost basis of your home is the original purchase price plus qualifying improvements. With Receipt Vault's home cost basis calculator, all renovation receipts, upgrades, and maintenance expenses are automatically categorized and tracked, ensuring an accurate calculation when it's time to sell your property.
Capital improvements that add value to your home, prolong its useful life, or adapt it to new uses increase your cost basis. Examples include room additions, new roofing, kitchen remodels, and HVAC replacements. Receipt Vault's home cost basis calculator automatically categorizes these expenses to maximize your tax benefits.
Tracking your home's cost basis is crucial for calculating potential capital gains taxes when you sell. By documenting all qualifying improvements with Receipt Vault's home cost basis calculator, you can significantly reduce taxable gains, potentially saving thousands in taxes while providing IRS-ready documentation for all your property investments.
The IRS allows homeowners to exclude up to $250,000 ($500,000 for married couples) in capital gains from the sale of a primary residence. To qualify, you must have owned and lived in the home for at least 2 of the 5 years before selling. Receipt Vault's home cost basis calculator helps maximize this benefit.
The IRS may request documentation proving your claimed cost basis during an audit. Receipt Vault's home cost basis calculator provides tax-ready documentation of all property improvements, organizing digital copies of receipts, contractor invoices, and permit fees that substantiate your reported basis and capital gains calculations.
For home cost basis calculations, improvements are capital expenditures that add value to your property (like a new roof), while repairs simply maintain your home (like fixing a leak). Receipt Vault's home cost basis calculator automatically categorizes expenses correctly, ensuring you claim every legitimate tax deduction.
Join tons of homeowners using Receipt Vault to maximize their property investment returns and simplify tax preparation.



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