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hipp1000
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As a homeseller in Georgia, I paid the buyer's loan origination fees. Can I deduct them for taxes? What form?

As the seller of a home in GA, I paid the buyer's loan origination fees.  Are they deductible on my taxes?

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As a homeseller in Georgia, I paid the buyer's loan origination fees. Can I deduct them for taxes? What form?

These costs you paid would be considered a closing costs of the sale of the home and will reduce the gain you have on the sale of the property.

They cannot be deducted as points when you would get a new mortgage.

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