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Escrow fees for rental property deduction
I am confused by below items listed in <Escrow Fees> section under rental property.
Abstract and Recording Fees
Legal Fees, Title Search, Document Preparation
Land Surveys
Title Insurance
Transfer or Stamp Taxes
Expenses You paid for the seller
Turbotax requires to enter amount for each of the item but other than <Title Insurance> and <Recording Fees> I couldn't find exact match from my final buyer statement. The statement has category of <TITLE & ESCROW CHARGES>, are all the fees listed in this category in general considered escrow fees and can I deduct everything from it?
‎February 2, 2023
3:44 PM