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theeleven1031
New Member

Can i deduct realtor fees from sale of home

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

Accepted Solutions
LeeM
New Member

Can i deduct realtor fees from sale of home

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.

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7 Replies
Texas Roger
Level 15

Can i deduct realtor fees from sale of home

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
New Member

Can i deduct realtor fees from sale of home

Can I deduct the sales fee from the sale of my home
Texas Roger
Level 15

Can i deduct realtor fees from sale of home

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

Can i deduct realtor fees from sale of home

Can I deduct realtor fees from sale of rental home
bpattiflorida1
New Member

Can i deduct realtor fees from sale of home

i did not get 1099s. what to due
bpattiflorida1
New Member

Can i deduct realtor fees from sale of home

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

Can i deduct realtor fees from sale of home

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.

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