No. HOA fees are not a deductible expense on a primary residence, regardless of who owns it.
bwa
Alumni
May 31, 2019 6:17:19 PM
How are you reporting this sale - on the installment basis, all in the year of sale, or is it tax-exempt due to the $250k/$500k exclusion?
Miller7448
New Member
May 31, 2019 6:17:21 PM
It is tax-exempt due to the $250k/$500k exclusion
bwa
Alumni
May 31, 2019 6:17:23 PM
As it is tax exempt, even if you added the HOA fees to the cost of the property as a cost of sale it would only serve to decrease the already untaxed gain, resulting in no tax benefit.