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Kodea
New Member

Can HOA fees be added to cost basis or deducted from sale gain as selling expenses?

I understand HOA dues are not deductible either when buying or when selling your primary home. How about one time HOA fees during sale?

On the home selling statement there is a "Transfer fee to HOA association company" (owner transfer). Can this be deducted from the gains of the home as selling expenses?

On the buying statement I also had the following 2: "HOA Survey to Get Doc's Now.Com" and "Transfer Fee to HOA association company". When calculating adjusted home basis, can these 2 be added to home cost basis?

In general, what do we do with HOA one time fees during sale?

3 Replies
MarilynG
Expert Alumni

Can HOA fees be added to cost basis or deducted from sale gain as selling expenses?

HOA fees paid at home purchase can be added to the basis of a home.  Here's more info on that:

https://ttlc.intuit.com/replies/3996369

Unfortunately HOA fees are not deductible as sales expenses.  Here's more info on that:

https://ttlc.intuit.com/replies/4633905

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Mr16
New Member

Can HOA fees be added to cost basis or deducted from sale gain as selling expenses?

Can HOA fees for capital expenses be added to cost basis or deducted from sale gain as selling expenses?

KatrinaB48
Expert Alumni

Can HOA fees be added to cost basis or deducted from sale gain as selling expenses?

What type of capital expenses?

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