As @jerry2000 mentioned earlier, you don't generally deduct the purchase of a home. What you may deduct as an itemized deduction are the mortgage interest, real estate taxes and point incurred at the time of closing associated with this purchase. All the other costs associated with the purchase like taxes, insurance and other appraisal,survey, loan origination fees would be added to the cost of the purchase of the home. All these items which appear on a closing statement should be kept for your records, so when you decide to sell your house in the future, you will know how to calculate the cost.
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