The cost of a home appraisal fee is added to the basis of your property and depreciated. So are the home and termite inspection fees if you were preparing your property for rental. However, if the inspection fees were incurred after the property was on the market then the cost can be claimed as a rental expense in the professional fees category.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
