From:  Stephen
Date:  15 Feb 2007

I was in the process of buying a home when I changed jobs to a new city. I forfeited my down payment and paid a settlement to the sellers and lawyer's fees. Are any of these expenses tax deductible?

Answer

Date:  28 Feb 2007

Hello Stephen,

No. These are non-deductible personal expenses.

Good luck!
Mike Gray

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