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June 22, 2020
Question

deduction

  • June 22, 2020
  • 1 reply
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- i sold house, can i deduct the real state commissions i paid.

 

- i did a credit contribution to buyers. can be deducted too.

1 reply

Employee
June 22, 2020

No, any sellers concession simply reduces the selling price of the house, which may reduce your capital gains tax should you owe any.