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tanyalou57
New Member

If i paid for repairs to a sellers house, can I deduct those costs

 
1 Best answer

Accepted Solutions
CarolynM
Level 1

If i paid for repairs to a sellers house, can I deduct those costs

Yes, you can deduct the cost of these repairs as a business expense against your self employment income unless the seller repaid you or these expenses were covered in your listing agreement.

They would be categorized as "other expenses," like staging fee.

View solution in original post

3 Replies
CarolynM
Level 1

If i paid for repairs to a sellers house, can I deduct those costs

Were you a real estate professional?
tanyalou57
New Member

If i paid for repairs to a sellers house, can I deduct those costs

yes
CarolynM
Level 1

If i paid for repairs to a sellers house, can I deduct those costs

Yes, you can deduct the cost of these repairs as a business expense against your self employment income unless the seller repaid you or these expenses were covered in your listing agreement.

They would be categorized as "other expenses," like staging fee.

View solution in original post

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