DaveF1006
Expert Alumni

Get your taxes done using TurboTax

It depends on if you are representing yourself as a buyer or seller of your own property.  If this is the case, you may need to check on the real estate laws of your jurisdiction to see if this is permissible. 

 

Researching the IRS statues, I could not find clear guidance for this question so it depends on the real estate laws in your state or local jurisdiction. If permitted, then you may be able to act as your own broker for your property and this could be a business and not a personal expense.

 

 

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