Turbotax is asking me to input the following escrow fees for my rental property:
A Abstract and Recording Fees
B Legal Fees, Title Search, Document Preparation
C Land Surveys
D Title Insurance
E Transfer or Stamp Taxes
F Expenses You Paid for the Seller
I do not have a HUD-1 but I do have a settlement statement. The HUD numbers on my statement don't seem to align with the ones Turbotax suggests. Some of these make sense where to put them but others don't can you please help me figure out where the fees below fit into the categories above?
The following fees are included:
Hud#. Description
801 Loan Origination Fee
803 Appraisal Feee
804 Credit Report/Scoring Fee
812 Underwriting Fee
814 Flood Certification
816 Closing Fee
901. Per Diem Interest
902. FHA MIP Premium
903. Hazard Insurance Premium
910. Tax Pro Ration
1001. Hazard Insurance Escrow
1004. County Tax Escrow
1012. Aggregate Escrow Adjustment
1101. Settlement or Closing Fee
1109. Title Ins. Lenders Coverage
1110. Title Ins. Owners Coverage
1111. Endorsement Fees/Premiums
1113. Wire Fee
1201. Recording/Filing Fees
1303. Overnight Mail Fees
