Can I deduct the recording fee for a new deed created after I put my house in trust?

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Can I deduct the recording fee for a new deed created after I put my house in trust?

No, the recording fee is not deductible. You can reduce your cost basis by the amount of the recording fee. This will affect your gain or loss when you go to sell the house.

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Can I deduct the recording fee for a new deed created after I put my house in trust?

No, the recording fee is not deductible. You can reduce your cost basis by the amount of the recording fee. This will affect your gain or loss when you go to sell the house.

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