Question
1041 expenses for inherited home/ IRC 67(g)
What expenses are listable on immediate sale of inherited home( took 6 months to sell and close).
i know certain closing items such as sales comm, property taxes at closing, plus existing 6 months prop taxes paid.
what about:
1) mortgage payments for 6 months ?
2) gardner, pool man,
utilities paid?
3) insurance ?
4) repairs?
5) regular maintenance ?
6) home improvements( new flooring, paint,)
?
any of those not allowed?
did IRC 67(g) get repealed? How does that effect deductions for 2024 final?
