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Are impact fees tax deductible?

Paid $5700 to town to build a house for imact fee.

2007-02-02 02:02:37 · 1 answers · asked by John L 1 in Business & Finance ➔ Taxes ➔ United States

1 answers

No, they are added to the basis of the house.

2007-02-02 02:35:32 · answer #1 · answered by Wayne Z 7 · 0⤊ 0⤋

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