Loan points for Dummies

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Taxpayers can only deduct the complete cost of loan points on the acquisition of the property. If a borrower pays loan points to order down the rate on the refinance, the deduction is distribute out in excess of the lifetime of the loan. If a borrower arranges a twenty-12 months https://bookmarking1.com/story14232743/top-guidelines-of-foreclosure-house-buyer


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