Investors & landlords
To enter real estate taxes and mortgage interest on Schedule A, search for 1098 and use the Jump to 1098 link to be taken to the mortgage interest section. If you search for Schedule A, it will take you to medical expenses to page through first. You can get there from the Deductions and Credits section as well.
There is no tax deduction for transfer taxes, stamp taxes, or other taxes, fees, and charges you paid when you sold your home. However, if you paid these amounts as the seller, you can treat these taxes and fees as selling expenses. See IRS - Selling your home.
Selling Expenses are:
- Any sales commissions (for example, a real estate agent's sales commission)
- Any advertising fees
- Any legal fees
- Any mortgage points or other loan charges you paid that would normally have been the buyer's responsibility
- Any other fees or costs directly related to the sale of your home
