The following are some of the settlement fees and closing prices you could embody within the original foundation of your home. You owned the house in 2023 for 243 days , so you can take a tax deduction in your 2024 return of $946 [(243 ÷ 365) × $1,425] paid in 2024 for 2023. You add the remaining $479 ($1,425 − $946) of taxes paid in 2024 to the cost of your home.

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The U.S. Department of Energy has launched a number of assets to help …