347958
You'll need to sign in or create an account to connect with an expert.
No, legal fees to re-title your inherited property are not deductible.
However, they can be added to the cost basis of your property, which will reduce capital gains when you eventually sell the property.
No, legal fees to re-title your inherited property are not deductible.
However, they can be added to the cost basis of your property, which will reduce capital gains when you eventually sell the property.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
syounie
Returning Member
jeremy-v12
New Member
ramseym
New Member
DallasHoosFan
New Member
eric6688
Level 2