Are lawyer fees deductible for setting up HELOC?

The state of South Carolina requires a legal fee for establishing the HELOC on personal residence.

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Are lawyer fees deductible for setting up HELOC?

Sorry, but those fees add to the cost of the residence. They are not otherwise deductible.

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Are lawyer fees deductible for setting up HELOC?

Sorry, but those fees add to the cost of the residence. They are not otherwise deductible.

Are lawyer fees deductible for setting up HELOC?

Thank you! I am delighted to learn that when I sell my home it will reduce the taxes I will incur since I have lived here many years and the value increased beyond the exclusion.

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Are lawyer fees deductible for setting up HELOC?

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