Can I deduct the recording fee for a new deed created after I put my house in trust?
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1 Best answer
Fern
New Member
Jun 3, 2019 12:59:00 PM
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.
1 Replies
Fern
New Member
Jun 3, 2019 12:59:00 PM
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.