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Paid off mortgage loan on rental property in 2016. Can i deduct county recording fee for recording loan payoff and wire transfer fee for sending final loan payment ?

 
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Paid off mortgage loan on rental property in 2016. Can i deduct county recording fee for recording loan payoff and wire transfer fee for sending final loan payment ?

Yes, these are considered ordinary and necessary business expenses for the rental.

Nice to have a paid for Rental!

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Paid off mortgage loan on rental property in 2016. Can i deduct county recording fee for recording loan payoff and wire transfer fee for sending final loan payment ?

Yes, these are considered ordinary and necessary business expenses for the rental.

Nice to have a paid for Rental!

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