Thanks Paula. I've found literally dozens of replies on this forum going back years that are all replies from members or experts using the same boiler-plate text of valid and non-valid sales expenses. It seems this was taken directly from the FAQ/explanation inside the TT product a few years ago. It is as follows:
Selling expenses are costs directly associated with selling your home. They include:
- sales commissions
- fees for a service that helped you sell your home without a broker
- legal fees
- mortgage points or other loan charges that you paid that would normally have been the buyer's responsibility
Note that selling expenses do not include:
- mortgage payoffs
- home equity loan payoffs
- rent-back costs
- payoff to creditors
- property taxes
- homeowners' association (HOA) fees
So you can appreciate how confusing this now is for forum members to figure out whether an HOA Estoppel fee is an includable expense. So far you are the only source I've found on the forum that is confirming the Estoppel fee as an includable expense.
SE
