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Asset Sales
I sold my investment home in 2021. What all can I show as expenses from my closing statement? Can I include the mortgage payoff amount as expense? For e.g.
Total sale price = $100,000
Mortgage payoff = $50,000
Closing Cost = $5,000
Real Estate Commission = $3,000
Can I show total expense as $58,000 or will it be $8,000?
‎April 3, 2022
10:37 PM