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Tax Deductible Closing Costs
Old 05-19-2006, 06:18 PM   #1
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Tax Deductible Closing Costs
Does anyone know which items are tax deductible for the seller/buyer at closing. Are the realtor commission, points/origination fee, attorney fees, appraisal fes etc deductible. Does it matter if the property is a personal residence or a investment property?
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Re: Tax Deductible Closing Costs
Old 05-20-2006, 06:05 PM   #2
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Re: Tax Deductible Closing Costs
Can any of the accounting geeks on the board answer this question?
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Re: Tax Deductible Closing Costs
Old 05-20-2006, 06:53 PM   #3
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Re: Tax Deductible Closing Costs
Sorry hon. Haven't been around as much in the last couple of days. This publication will help: http://www.irs.gov/publications/p530/ar02.html



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