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Deductions & credits
For the Seller of a property, real estate commissions are considered a selling expense.
For the Buyer of a property, the commissions (along with other closing costs) are added to the basis of the property, to reduce the gain when the property is eventually sold.
For more information, see IRS Pub. 523 - Selling Your Home
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‎June 7, 2019
3:01 PM