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noorunisa2
New Member

I bought a house on March 1, 2017. I have TT Premier. Can I deduct Attorney, title search and recording fees + municipal lien certificate. Where?

 
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Vanessa
Level 3

I bought a house on March 1, 2017. I have TT Premier. Can I deduct Attorney, title search and recording fees + municipal lien certificate. Where?

No, only interest, PMI and Property taxes are deductible.  The other items you mentioned are added to the cost basis of the home for when you sell it.  This will lower your profit on the sale of your home. 

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Vanessa
Level 3

I bought a house on March 1, 2017. I have TT Premier. Can I deduct Attorney, title search and recording fees + municipal lien certificate. Where?

No, only interest, PMI and Property taxes are deductible.  The other items you mentioned are added to the cost basis of the home for when you sell it.  This will lower your profit on the sale of your home. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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