Can I deduct points for refinancing my principal residence?
August 24, 2001
Date: Thu 26 Jul 2001
If points are for "refinance" of the principal resident, are points deductible or should they be amortized over the life of the mortgage?
Date: 17 Aug 2001
Points relating to refinancing the mortgage for a principal residence are amortized over the life of the mortgage and aren't currently deductible.
We have more answers to frequently asked real estate tax questions! We also offer up-to-date information about new tax real estate tax developments in Michael Gray, CPA's Real Estate Tax Letter.
Find us on Facebook
Follow me on Twitter
Connect on LinkedIn
Connect on Google+