Can or how are realtor commission expenses on sale of vacant property deducted?
01280
1 Best answer
TomD8
Level 15
Jun 3, 2019 4:49:37 PM
The realtor commission is not deducted; it is added to the property's cost basis when calculating the capital gain, thus reducing the taxable capital gain.
1 Replies
TomD8
Level 15
Jun 3, 2019 4:49:37 PM
The realtor commission is not deducted; it is added to the property's cost basis when calculating the capital gain, thus reducing the taxable capital gain.