Closing cost when selling a second home. Any deductions for that?

jalls1 · ‎June 4, 2019

It also included a $2200 credit for the buyer for closing costs.

KatrinaB · ‎June 4, 2019

Closing costs are not deductible, but the following expenses are deductible if you itemize deductions:

You can locate this information on your HUD-1 Settlement Statement.

Please view the Turbo Tax FAQ below for more information about home ownership deductions.

KatrinaB · ‎June 4, 2019

Closing costs are not deductible, but the following expenses are deductible if you itemize deductions:

You can locate this information on your HUD-1 Settlement Statement.

Please view the Turbo Tax FAQ below for more information about home ownership deductions.

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