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May I put in my house appraisal house inspection , earnest money and optional money in the less common expenses when reporting tax? I did not get the house but charged

 
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AnthonyJ
New Member

May I put in my house appraisal house inspection , earnest money and optional money in the less common expenses when reporting tax? I did not get the house but charged

If the expenses were for your potential primary residence/personal use, then, unfortunately, you would not be able to deduct any of these expenses.

However, if the house was going to be an investment or rental property then yes you could.

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2 Replies
AnthonyJ
New Member

May I put in my house appraisal house inspection , earnest money and optional money in the less common expenses when reporting tax? I did not get the house but charged

If the expenses were for your potential primary residence/personal use, then, unfortunately, you would not be able to deduct any of these expenses.

However, if the house was going to be an investment or rental property then yes you could.

May I put in my house appraisal house inspection , earnest money and optional money in the less common expenses when reporting tax? I did not get the house but charged

Thank you for your answer. I did not get the house. The house was going to be my investment. I will report it in the less common expense, Thank you again for your help!

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