Are any of the costs of transferring title of an inherited house to the beneficiary deductible once the beneficiary sells the house?

[gangell986]

The house was treated as an investment and was not used for personal use nor as a rental.  It was both transferred to the beneficiary and sold in 2017.

[CathiM · Accepted solution]

Yes, expenses paid to obtain title to your property are added to the basis. These expenses include:

• legal fees to obtain title to the home
• title search fees
• title insurance
• title recording fees
• transfer taxes, and
• survey fees.