In 2004, I paid for the inspection and title search for a contract I eventually had to break. Can I deduct those expenses on my federal incomce tax return and if so what form and what line do I enter this deduction on?? Thanks!
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In 2004, I paid for the inspection and title search for a contract I eventually had to break. Can I deduct those expenses on my federal incomce tax return and if so what form and what line do I enter this deduction on?? Thanks!
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Add these expenses to the cost basis of the house you eventually purchased. There is no current year deduction.
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