What items, if any, are deductible in conjunction with the refinance?Immediately deductible? Nothing, other than the interest that is prorated on the two loans. OK - any property taxes that might be paid through the closing process would be deductible also.Pretty much everything else must be amortized over the life of the loan.And a bonus caveat: If you get cash out of the refinance, all of your interest expense on the loan might not be deductible. It will depend on how the proceeds are used.--Peter
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