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

Kodea · ‎June 6, 2019

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?

MarilynG · ‎June 6, 2019

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 · ‎March 25, 2020

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

KatrinaB48 · ‎March 25, 2020

What type of capital expenses?

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