Skip to main content
February 21, 2021
Question

Can I add mortgage interest to the cost basis of a former vacant rental property I sold ?

  • February 21, 2021
  • 1 reply
  • 0 views
No text available

    1 reply

    February 21, 2021

    No, you cannot do it. Mortgage interest is deductible expense, it cannot be capitalized and added to the cost basis of the property.