When buying a home, you incur a lot of costs: the broker, obtaining the mortgage, the notary, the land registry, etc. But which costs are precisely tax deductible? Below you will find a clear overview of the costs that can and cannot be deducted when purchasing a home:
Costs Deductible or not:
| Closing commission | Deductible |
| Preparation commission (if the mortgage offer is extended) | Deductible |
| Construction interest up to the date of conclusion of the purchase contract | Not deductible |
| Construction interest after the date of the conclusion of the purchase and construction contract | Deductible |
| Building inspection | Not deductible |
| Building inspection if for National Mortgage Guarantee | Deductible |
Costs for National Mortgage Guarantee (NHG) | Deductible |
| Notary fees – title deed and registration land registry | Not deductible |
| Notary fees – mortgage deed and registration thereof at the Land Registry | Deductible |
| Delivery inspection | Not deductible |
| Transfer tax | Not deductible |
| The costs of your buying agent | Not deductible |
| The advice and brokerage costs of your mortgage | Deductible |
| Lump sum payment (if co-financed) | Deductible |
| Transfer of movable property | Not deductible |
| Appraisal costs for obtaining financing and/or NHG | Deductible |
| Home construction account for renovation costs | Deductible |
If you are going to sell your property, look here to see which costs are deductible.