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Deductions & credits
@ThomasM125 I’m not sure I understand. Why would the seller credits increase my proceeds when I sell? They should have nothing to do with my eventual sale price/realized amount, correct? I can’t find anything that mentions seller credits...just sale price plus applicable closing costs and home improvements? As far as reductions to cost basis I see mention of “mortgage points paid by the seller” but I don’t think this qualifies. Any additional thoughts? Thanks!
February 18, 2020
2:11 PM