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URL:  http://boards.fool.com/can-i-deduct-any-points-that-the-lender-pays-on-my-10477351.aspx

Subject:  Re: Point Deduction on a refinance Date:  12/22/1998  12:37 PM
Author:  tritha Number:  7469 of 121568

Can I deduct any points that the lender pays on my refinance? This is my first time refinancing.


I think you want to know if you can deduct points you paid to the lender on the refinance.
Points paid to refinance a home mortgage are not deductible in full in the year you pay them but you can deduct them ratably over the term of the loan.

Bill
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