topic I have been negotiating a land sale for a couple of years, which finally closed in 2017. Can expenses incurred in 2016 be deferred to 2017 when I report the sale? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/i-have-been-negotiating-a-land-sale-for-a-couple-of-years-which-finally-closed-in-2017-can-expenses/01/318502#M133734 Mon, 03 Jun 2019 19:04:49 GMT homerov 2019-06-03T19:04:49Z I have been negotiating a land sale for a couple of years, which finally closed in 2017. Can expenses incurred in 2016 be deferred to 2017 when I report the sale? https://ttlc.intuit.com/community/taxes/discussion/i-have-been-negotiating-a-land-sale-for-a-couple-of-years-which-finally-closed-in-2017-can-expenses/01/318502#M133734 Mon, 03 Jun 2019 19:04:49 GMT https://ttlc.intuit.com/community/taxes/discussion/i-have-been-negotiating-a-land-sale-for-a-couple-of-years-which-finally-closed-in-2017-can-expenses/01/318502#M133734 homerov 2019-06-03T19:04:49Z The costs incurred for the selling expenses can be used i... https://ttlc.intuit.com/community/taxes/discussion/the-costs-incurred-for-the-selling-expenses-can-be-used-i/01/318512#M133739 <P>The costs incurred for the selling expenses can be used in the year, the sale takes place, which is 2017 in your case.&nbsp;</P><P>The selling expenses will reduce the sales price.&nbsp;</P> Mon, 03 Jun 2019 19:04:50 GMT https://ttlc.intuit.com/community/taxes/discussion/the-costs-incurred-for-the-selling-expenses-can-be-used-i/01/318512#M133739 MichaelL1 2019-06-03T19:04:50Z