The smart Trick of loan points That No One is Discussing

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Taxpayers can only deduct the total cost of loan points on the acquisition of a home. If a borrower pays loan points to get down the rate on the refinance, the deduction is distribute out over the life of the loan. If a borrower arranges a 20-12 months refinance, they https://opensocialfactory.com/story12938044/top-loan-points-secrets


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