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Deductions & credits
When I was buying my house, I had the same question about the pest inspection fee. From what I learned, it's typically not added to the cost basis since it's considered a separate service from the home purchase itself.
However, I found some useful info on https://pestcontrolcompanies.net/ about tax deductions for home-related expenses, including pest inspections. It might be worth looking into for potential savings down the line.
Congrats on the home purchase, by the way!
May 8, 2024
2:13 PM