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gfelten
New Member

Where in Turbo Tax do you enter the costs incurred when selling a second home? i.e. commissions, attorneys fees etc.. I see where the "Basis" can be adjusted not the cost

Where in Turbo Tax do the sales expenses go when you sell a second home/condo? I see where the Basis adjustments go but not the expenses??

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Ashby
New Member

Where in Turbo Tax do you enter the costs incurred when selling a second home? i.e. commissions, attorneys fees etc.. I see where the "Basis" can be adjusted not the cost

You have to make sure the box is checked on the first page (description of property). 

The box is titled - "I paid sales expenses not included in gross proceeds"

See attached image.

View solution in original post

1 Reply
Ashby
New Member

Where in Turbo Tax do you enter the costs incurred when selling a second home? i.e. commissions, attorneys fees etc.. I see where the "Basis" can be adjusted not the cost

You have to make sure the box is checked on the first page (description of property). 

The box is titled - "I paid sales expenses not included in gross proceeds"

See attached image.

View solution in original post

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