topic Can I deduct legal fees to re-titile inherited property into my family trust? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-deduct-legal-fees-to-re-titile-inherited-property-into-my-family-trust/01/347958#M43405 Mon, 03 Jun 2019 20:25:41 GMT dbkreitman 2019-06-03T20:25:41Z Can I deduct legal fees to re-titile inherited property into my family trust? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-deduct-legal-fees-to-re-titile-inherited-property-into-my-family-trust/01/347958#M43405 Mon, 03 Jun 2019 20:25:41 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-deduct-legal-fees-to-re-titile-inherited-property-into-my-family-trust/01/347958#M43405 dbkreitman 2019-06-03T20:25:41Z No, legal fees to re-title your inherited property are no... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-legal-fees-to-re-title-your-inherited-property-are-no/01/347974#M43410 <P>No, legal fees to re-title your inherited property are not deductible.</P><P>However, they can be added to the cost basis of your property, which will reduce capital gains when you eventually sell the property.<BR /></P> Mon, 03 Jun 2019 20:25:42 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-legal-fees-to-re-title-your-inherited-property-are-no/01/347974#M43410 MinhT 2019-06-03T20:25:42Z