Skip to main content
June 1, 2019
Solved

If I bought a rental property, can I write off the commission paid to the real estate agent?

  • June 1, 2019
  • 1 reply
  • 0 views
No text available
Best answer by Phillip1

If there were commission that you paid on the purchase of the rental property, that expense would be added to the cost basis of the rental. 

However, seller's and buyer's agent commissions are generally considered as paid by the seller as a sales expense.

1 reply

Phillip1Answer
Employee
June 1, 2019

If there were commission that you paid on the purchase of the rental property, that expense would be added to the cost basis of the rental. 

However, seller's and buyer's agent commissions are generally considered as paid by the seller as a sales expense.