I sold my home. What can I deduct?
by TurboTax • 
Updated December 22, 2025 6:47 AM
If you sold your home, you can deduct:
Home improvement costs (permanent changes) as an adjustment to the basis of the home you sold (not the same as repairs and maintenance)
Mortgage interest and real estate/property taxes charged at closing
Selling expenses to reduce your gain on the sale side of the home
If you sold a home that you use as a rental or investment property at a loss, you might also be able to deduct it as a loss.
