topic Are commissions paid to Realtors deductible for a 1031 exchange? I have applied them to basis calculation on form 8824, but can I also expense them on schedule E? in Deductions & credits

Are commissions paid to Realtors deductible for a 1031 exchange? I have applied them to basis calculation on form 8824, but can I also expense them on schedule E?

sloane466 — Tue, 04 Jun 2019 20:21:00 GMT

How about other escrow expenses (title insurance, admin f...

sloane466 — Tue, 04 Jun 2019 20:21:01 GMT

How about other escrow expenses (title insurance, admin fees, etc.). Are those part of the basis calculation and not expensed on schedule e as well. Is there a rule of thumb for figuring this out? Thank you for you help.

You can only use them to adjust the basis, you cannot use...

MaryK1 — Tue, 04 Jun 2019 20:21:02 GMT

You can only use them to adjust the basis, you cannot use the same fees for an expense deduction