When the holiday season approaches, many homeowners begin preparing for the year ahead. Contemplating New Year’s resolutions is common during this time, and a popular resolution is to become more financially stable. One of the most satisfying ways to get money back into your pocket is through tax refunds. This poses the question of whether or not you can claim HOA fees on your taxes. While meeting with financial advisors is the best practice to determine the correct course of action, the basic answer to this question depends entirely on how the property is used. As a general rule, HOA fees are not deductible. Read the article………………….
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