Re: Am I allowed to deduct personal legal expenses? We have paid an attorney to litigate a property boundary dispute, and I want to deduct the attorney's fees.
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Am I allowed to deduct personal legal expenses? We have paid an attorney to litigate a property boundary dispute, and I want to deduct the attorney's fees.
Am I allowed to deduct personal legal expenses? We have paid an attorney to litigate a property boundary dispute, and I want to deduct the attorney's fees.
Sorry but no ... the costs can be added to the basis of the property instead.
Am I allowed to deduct personal legal expenses? We have paid an attorney to litigate a property boundary dispute, and I want to deduct the attorney's fees.
Legal fees for this type of litigation have never been deductible.
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