Can I claim the title, escrow, broker's commissions, survey fees, and seller's attorney fees as deductible expenses on my taxes for a rental property I sold in 2017?
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Can I claim the title, escrow, broker's commissions, survey fees, and seller's attorney fees as deductible expenses on my taxes for a rental property I sold in 2017?
I sold a rental property in early 2017 that I owned under an LLC. I'm trying to find out if I can deduct the following fees as business expenses:
- Title fees
- Escrow charges
- Title insurance
- County/state transfer taxes to the title complany
Can I claim the title, escrow, broker's commissions, survey fees, and seller's attorney fees as deductible expenses on my taxes for a rental property I sold in 2017?
Yes, you can deduct all the expenses listed as selling expenses when you sell your rental property.
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