The only tax deductions on a home purchase you may qualify for is the prepaid mortgage interest (points). To deduct prepaid mortgage interest (points) paid to the lender, you must meet certain qualifications to deduct the interest.
All other settlement expenses are added to the cost basis of the home. For example, you purchased a home for $100,000 with $500 in settlement costs. The cost basis of the home is $100,500.
See IRS publication 530 for information on deducting home expenses after you purchase the home.
https://www.irs.gov/pub/irs-pdf/p530.pdf
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