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enbevans
New Member

I'm in the process of buying a house how would I add that to my taxes

 
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CathiM
New Member

I'm in the process of buying a house how would I add that to my taxes

If this is rental property, add it to your tax return in the year you close on the house, so not for your 2017 tax return. You do not need to add a primary residence or investment property to your tax return at all. Keep good records of the purchase and improvements you make to determine the basis if and when you sell it. 

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CathiM
New Member

I'm in the process of buying a house how would I add that to my taxes

If this is rental property, add it to your tax return in the year you close on the house, so not for your 2017 tax return. You do not need to add a primary residence or investment property to your tax return at all. Keep good records of the purchase and improvements you make to determine the basis if and when you sell it. 

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