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For personal residences, most home improvements like swimming pools, landscaping, and room additions are not tax-deductible. However, they might increase the home's cost basis, reducing potential capital gains tax when selling.
No, but if the project involves extensive work or changes to the home's structure, a license or permit may be required.
For general flooring installation, no. However, more complex tasks, especially those involving structural changes, might require a license.
They can be referred to as a home improvement contractor, renovator, or remodeler.
Highly personal or unconventional upgrades, over-improving beyond neighborhood standards, and poor-quality workmanship or materials often don't add significant value.