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Deductions & credits
Thanks. I read on few posts that Stamp duty and Registration fees are not deductible as they count towards cost basis for the real estate property. I am pretty sure that, I can deduct VAT out of all those charges. I am still little confused about Stamp duty and registration fees, as they are almost 5% of total property assest value.
‎June 7, 2019
4:10 PM