Can i deduct realtor fees from sale of home

[theeleven1031]

Still not sure...can I deduct any realtor commissions or extra money pad for buyers fees

[Texas Roger]

Is this your personal home? If so, these are either deducted from the sales proceeds or added to the basis to reduce the overall capital gains on the sale.

[15128willow]

Can I deduct the sales fee from the sale of my home

[Texas Roger]

You can either add the sales fee to the basis or subtract it from the sales proceeds.

[belcherle]

Can I deduct realtor fees from sale of rental home

[bpattiflorida1]

i did not get 1099s. what to due

[bpattiflorida1]

where do I deduct the sales proceeds added to the basis to reduce the overall capital gains on the sale

[LeeM · Accepted solution]

Yes, you can deduct them from the proceeds from the sale of your home or the amount on your 1099-S (gross proceeds), if you received one.