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Investors & landlords
@ediemarie22 - Doc fees are usually in closing costs and not deductible. That also depends if it is personal or rental property.
In general, homeowners association (HOA) fees aren't deductible on your federal tax return. There may be exceptions, however, if you rent the home or have a home office. Additionally, an HOA capital improvement assessment could increase the cost basis of your home, which could have several tax consequences.
Please provide additional information describing the situation, then we will be able to provide additional information to specifically address your concern.
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February 25, 2022
8:45 AM