If you bought or sold real estate during the 2012 calendar year, you may be able to deduct some of the closing costs for tax purposes. You may also have a gain or a loss to declare. Either way, you'll need the HUD-1 settlement statement. Of course, you'll want to talk with your tax adviser for the specifics.
In order to deduct any closing costs and expenses, you'll need a copy of the HUD-1 settlement statement. That's the closing statement that looks like a long ledger. One side showed the buyer's closing costs and sources of funds. The other side showed the seller's closing costs and funds received.
For accountants and closing attorneys, it's super fun. For most people, it's interesting at best, and dreary at worst.
You took a copy of it home after the closing, although it's not uncommon for those documents to get filed and then misplaced during the ensuing move.
So, if you need a copy, you can get one from your Realtor's office or from your closing attorney. If you bought or sold property using Heney Realtors, you can call either the Montpelier or the Barre office. You can also email your agent.
If it helps make things easier for you, you can also shoot me a quick email, and I'll get a copy of your settlement statement to you.
By Ray Mikus, Heney Realtors