Skip to main content
June 6, 2019
Question

We bought a house but didnt finance it

  • June 6, 2019
  • 1 reply
  • 0 views
we paid for the house in full is there a break for that?

1 reply

Employee
June 6, 2019

You can claim property taxes paid in 2016. If this is your main home, there are no other expenses that you can deduct. Other costs paid at closing can be added to the cost basis for reducing capital gains when you sell the home.