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kwolski3
New Member

If I bought a rental property, can I write off the commission paid to the real estate agent?

 
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Phillip1
New Member

If I bought a rental property, can I write off the commission paid to the real estate agent?

If there were commission that you paid on the purchase of the rental property, that expense would be added to the cost basis of the rental. 

However, seller's and buyer's agent commissions are generally considered as paid by the seller as a sales expense.

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Phillip1
New Member

If I bought a rental property, can I write off the commission paid to the real estate agent?

If there were commission that you paid on the purchase of the rental property, that expense would be added to the cost basis of the rental. 

However, seller's and buyer's agent commissions are generally considered as paid by the seller as a sales expense.

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