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June 6, 2019
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I sold a rental property and gave the buyer a seller credit towards her closing costs, not designated for a specific use (like taxes, etc.) but as a renegotiation...

  • June 6, 2019
  • 1 reply
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Where/ how do I enter this? Do I count it as closing expenses (with realtor commission)? Do I subtract it and enter a lower sales price (seems problematic)? Other? Thanks for any help.

Best answer by MinhT1

You can add this amount to the sales expenses (as they would be put to your charge on the closing statement).

1 reply

MinhT1Answer
June 6, 2019

You can add this amount to the sales expenses (as they would be put to your charge on the closing statement).

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June 6, 2019
That's what I guessed but wanted to make sure. Thank you for your help!