Get your taxes done using TurboTax

For round numbers sake, we bought at 100K; had a roof special assessment and renovations  (25 K); and sold for 115K minus agent fee and title portion  = net 92,000 $

 

$23,000 in closing costs sounds quite high. not everything on a closing statement is selling costs, some may be deductible as taxes or interest. other may not be deductible at all and are personal expenses.  still, you had a loss considering a cost basis of around $125K and a gross selling price of about $115K