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Condo Sale

On a condo sale Is the owners title insurance fee charged to the seller considered  a sale expense? Can it be deducted?

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1 Reply
MinhT1
Employee Tax Expert

Condo Sale

Yes, the title insurance fee is a sale expense and can be deducted.

 

Sale expenses can also include real estate commissions, closing costs, inspections, and marketing/advertising fees. 

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