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tjkanaan
New Member

I sold my former primary home in 2016 and it cost me over $11,000 to sell it. Are these expenses deductible?

 
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RichardG
New Member

I sold my former primary home in 2016 and it cost me over $11,000 to sell it. Are these expenses deductible?

These expenses are not directly deductible.  Instead, your sales expenses get added to your basis in the home for purposes of calculating your gain or loss on the sale.

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RichardG
New Member

I sold my former primary home in 2016 and it cost me over $11,000 to sell it. Are these expenses deductible?

These expenses are not directly deductible.  Instead, your sales expenses get added to your basis in the home for purposes of calculating your gain or loss on the sale.

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