Okay we paid earnest money on piece of property in 2018 but did not close till2019. Can we deduct the earnest money we paid?

No, earnest money or down payments are not deductible. You can deduct prepaid interest, prepaid property tax or loan origination fees on your 2019 tax return as that is the year you closed on the property. There are no deductions for appraisal, inspections, settlement fees.