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November 2, 2019
Question

Real Estate agent paid HVAC

  • November 2, 2019
  • 1 reply
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To get a deal done I paid to have the HVAC fixed for my buyer.  Is the amount I paid tax-deductible?  If it is what would it be considered? 

    1 reply

    November 2, 2019

    yes it's a business expense that earned you a commission.

     

    category

    fix up costs 

    selling costs

    cost to complete sale

    or anything else except "repairs" because that usually applies to property you own or rent.