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Can I claim the following under Sales Expenses for the sale of my home in 2016: Home Inspection Fee, Roof Repair costs, Title-Escrow Fees, Title-Recon Tracking Fee
I also would like to know if I can claim Resale Fees
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May 31, 2019
11:21 PM
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Deductions & credits
Yes, those are deductible costs of selling the home, with the exception of the roof repair.
The roof repair is a maintenance cost of the home. I'm sure that it came up during the inspection, however it is not considered a sales expense.
If this is a rental then the roof repair should be added to the Sch E Rental expenses.
May 31, 2019
11:21 PM