Max W Posted May 26 Report Share Posted May 26 Clients sold an investment property that had needed a remodel. They hired some flaky contractor and promised that part of the payment would be a small percent from the sale of the property. Unbeknownst to the clients. there were liens against the contractor. With the contractor now on title to the property, the lien holder filed liens on the clients property. When the property finally sold, the contractors liens were paid off. Can these liens be deducted as a selling expense? Quote Link to comment Share on other sites More sharing options...
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