I sold a rental property this year. Can I write off the commissions that was paid to both my relator and the buyers realtor out of the sale price?

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I sold a rental property this year. Can I write off the commissions that was paid to both my relator and the buyers realtor out of the sale price?

Yes, commissions paid to your realtor and buyer's realtor are part of sales expenses which reduce your income from the sale of your property.

For instructions on how to enter the sale of a rental property, click here.

[Edited 3-19-2020|8:03 am PST]

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