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New Member
posted May 19, 2021 1:31:43 PM

I have sold a vacant lot in a sub-division. Can I add the homeowners' fees to my basis?

0 2 409
2 Replies
Level 15
May 19, 2021 4:46:10 PM

No. even vacant land needs maintenance. and maintenance is a personal expense. 

New Member
May 22, 2021 2:53:07 PM

Thanks,