NAL0703
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Can the monthly HOA fees, utilities, security and Homeowner's insurance costs from the date of inheritance to the date of sale also be included as an expense ad...
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An additional question - since TurboTax asks me to enter FMV and the Net Proceeds value - is it better to adjust the cost basis with all my commissions, expense...
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@AnonymousYes, all items were incurred after the property was inherited to prep the house before putting it on the market.The house was never used as a personal...
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@SusanY1 - THANK YOU for your response.However, I'm a bit confused when you say "All of the repairs, maintenance, and improvements to the property can be added ...
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- Cheered Re: What expenses other than realtor commissions reduce the proceeds on inherited property? Out o... for MarilynG1. February 5, 2020 6:06 AM
- Posted Re: What expenses other than realtor commissions reduce the proceeds on inherited property? Out o... on Deductions & credits. February 3, 2020 1:30 PM
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- Posted Re: What expenses other than realtor commissions reduce the proceeds on inherited property? Out o... on Deductions & credits. February 3, 2020 9:31 AM
- Posted What expenses other than realtor commissions reduce the proceeds on inherited property? Out of the following, what expenses are allowed - interior repairs and painting, interior cleaning, exterior power washing, new HVAC and new appliances. on Deductions & credits. February 3, 2020 8:42 AM