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Not known Factual Statements About loan points

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Taxpayers can only deduct the complete expense of loan points on the acquisition of the property. If a borrower pays loan points to acquire down the rate on the refinance, the deduction is distribute out more than the life of the loan. If a borrower arranges a 20-calendar year refinance, https://todaybookmarks.com/story14320396/stop-foreclosure-for-dummies

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