topic Is Seller Concession on a home sale settlement statement considered a Sales Expense? in Deductions & credits

Is Seller Concession on a home sale settlement statement considered a Sales Expense?

gschwartzkopf — Mon, 09 Mar 2026 04:43:45 GMT

LeonardS — Sun, 27 Feb 2022 22:58:10 GMT

No, A seller concession on a home sale is nothing more than a reduction of the sales price.

Mike9241 — Mon, 28 Feb 2022 01:57:32 GMT

use what's on the 1099-S, if you got one. if that does reflect the concession take it as a sales expense.