Construction Receipt Generator

Why You Need Construction Receipt Generator

You spent $15,000 on a new deck in 2020. In 2025, you sell your home for $50,000 more than you paid. That deck receipt increases your cost basis by $15,000, reducing your taxable gain from $50,000 to $35,000. That's real tax savings-but only if you have the receipt.

After a fire damages your kitchen, insurance needs to know what was built and what it cost. A receipt from your 2019 kitchen renovation showing $45,000 in improvements helps establish replacement cost and proves the quality of materials used.

Four situations where receipts are critical:

Home Sale Taxes - Major improvements (not repairs) increase your cost basis, reducing capital gains when you sell. The IRS requires documentation showing what was done, when, and how much you paid. A $20,000 roof replacement receipt reduces your taxable gain by $20,000.

Insurance Claims - Fire, flood, or storm damage? Your insurance company needs to know what was built and what it cost. Original construction receipts help establish replacement cost and prove material quality.

Contractor Disputes - Work is incomplete or defective. Your receipt and contract are your primary evidence. What services were included? What materials were specified? What was the total cost? Your documentation answers these questions.

Warranty Claims - Roofing, windows, and siding carry manufacturer warranties. Your receipt proves installation date, which determines warranty coverage. Without it, warranty claims get denied.

What to Include

Contractor company name and license number, service date or project date range, property address where work was performed, detailed description (not just "deck" but "400 sq ft pressure-treated deck with 4-foot stairs and aluminum railing"), labor costs (hours and rate or flat fee), materials breakdown with quantities and costs, permit numbers and fees, and payment schedule (deposit, progress payments, final).