@PatriciaV thanks for the response. From what I have seen in IRS pub 527 and my research online only the following can be added to the base price. Under what category would home inspection fall? Please note it is NOT land survey cost but an actual home inspection to find any issues with the house.
Settlement fees and closing costs for buying the property become additions to your basis in the property. These basis adjustments include:
* Abstract fees,
* Charges for installing utility services,
* Legal fees,
* Recording fees,
* Surveys,
* Transfer taxes,
* Title insurance
