Can I deduct spending(State&Local fees/land improvement,etc.) on land that I purchased, subdivided and sold as raw land?Purchase in 2008. Last parcel sold in 2018.

[first_time1]

Examples:  State&Local requirements and fees, roads, electric and water requirements, etc.

[Carl]

No. What you paid for is called property improvements. You don't deduct it from anything at all. You "ADD" it to your cost basis. So if you paid $10,000 for the land, and then at any time during your ownership you 'improved" the land (by clearing it maybe) and it cost your $1000 to do that, your cost basis (what you paid for the land) is now $11,000.