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Revoccable Trust Fees

Are the fees connected to a revocable trust deductible.  It is on a property that is rented

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1 Reply
M-MTax
Level 15

Revoccable Trust Fees

What fees, exactly?

 

The rental property expenses are deductible, of course, and the income reportable, but the fees related to establishing and maintaining the trust are not deductible.

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