I know that mortgage loan origination fees are deductible. I assume bank and lawyer fees are not. But, what about title examinations and title insurance?

ANSWER

The BIDaWIZ Team's Answer:

These closing costs are not deductible. They are an addition

to the cost basis of the property.

The BIDaWIZ Team

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I know that mortgage loan origination fees are deductible. I assume bank and lawyer fees are not. But, what about title examinations and title insurance?

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