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Level 1
April 15, 2026
Question

I am adding a new rental property. I do not have the original closing documents to enter escrow fees. Do I have to enter these?

  • April 15, 2026
  • 1 reply
  • 29 views
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1 reply

Level 15
April 15, 2026

You don't have to enter the fees, but that will reduce the cost basis of your property which will reduce your depreciation expense and increase your gain when you eventually sell the property. 

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