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-   -   Deducting real estate appraisal fees? (https://www.askmehelpdesk.com/showthread.php?t=365623)

  • Jun 16, 2009, 10:17 AM
    jjk0423
    Deducting real estate appraisal fees?
    Real estate appraisal fees to obtain a new loan secured by the property. Will the appraisal fees get amortized over the life of the loan?
  • Jun 16, 2009, 01:27 PM
    AtlantaTaxExpert
    Yes, but ONLY IF the property is a rental or commercial investment property.

    If it is a personal home, then the appraisal fees are NOT deductible, either as an immediate expense or as an amortized expense.

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