Are home association fees tax deductible?

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Are Home Association Fees Tax Deductible? Home association fees are generally not tax deductible for homeowners who use their property as a personal residence. These fees cover community amenities and services, which are classified as personal expenses by the IRS. However, if the property is rented out or used for business purposes, a portion—or all—of the fees might be deductible as a business expense. Always verify with a tax professional to determine if your specific situation qualifies for any deductions.

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