Can I deduct for a real estate commission lost while under contract?

kenrtax18 · ‎June 4, 2019

SharonC1 · ‎June 4, 2019

It sounds like you had a house under contract and you expected to earn commission, then the contract fell through and you did not make the commission.

If I am correct in my interpretation, the answer is no unfortunately. There is no deduction for not earning this income.

If I misunderstood, please explain in a comment.

View solution in original post

SharonC1 · ‎June 4, 2019

It sounds like you had a house under contract and you expected to earn commission, then the contract fell through and you did not make the commission.

If I am correct in my interpretation, the answer is no unfortunately. There is no deduction for not earning this income.

If I misunderstood, please explain in a comment.

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Can I deduct for a real estate commission lost while under contract?