I inherited my mother’s senior living condo by way of a trust. I have to pay $4k/month HOA fees until the place sells. Is the HOA fees or some portion of it deductible on estate tax return or mine?
01443
1 Replies
Critter-3
Level 15
Nov 12, 2021 4:09:29 AM
If the property remains in the estate then the estate can take a deduction if it needs to file an estate tax return.
If the property has been retitled in your name then it is non deductible personal expense.