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February 12, 2025
Question

HOA assessment

  • February 12, 2025
  • 1 reply
  • 0 views

Paid a one time HOA assessment in 2023 for condo  structure repair, sold condo in 2024 can I add this to my cost basis for 2024 taxes ?

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    1 reply

    February 12, 2025

    Yes. You can add the assessment for condo structure repair to the cost basis of your condo. 

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