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jalbor
New Member

Rental Property Cost Basis Additions

I paid a consultant a fee to help find my rental. Where to add this expense to my cost basis. There is nowhere to add it to the escrow fees.
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3 Replies
PatriciaV
Expert Alumni

Rental Property Cost Basis Additions

You may add these closing costs to the purchase price of your Rental Property and enter the total as "Cost" on the page "Tell Us About This Rental Asset.

See screenshot below - click  to enlarge. "Learn More" links have additional info.

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morgann
Returning Member

Rental Property Cost Basis Additions

We're in the same situation. Currently, the screenshot you previously shared appears unavailable. Could you please repost where to include a consultant fee? Is it appropriate to add it to 'Other adjustments' under the rental asset?

Carl
Level 15

Rental Property Cost Basis Additions

@PatriciaV 
See screenshot below - click to enlarge. "Learn More" links have additional info.

Did you forget something? 🙂

 

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