Can the capital contribution to an HOA and the estoppel fee paid at closing be added to the cost basis of a home?

[jalparker]

This was a second home used for personal use only, not an investment or rental property. I know that HOA dues paid at closing cannot be added to the basis.

[MargaretL · Accepted solution]

Unfortunately, estoppel or HOA fees cannot be added to the basis of the property, nor are they deductible expenses on a personal property.