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Loan points Secrets

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Taxpayers can only deduct the entire cost of loan points on the purchase of the residence. If a borrower pays loan points to obtain down the rate with a refinance, the deduction is distribute out in excess of the life of the loan. If a borrower arranges a 20-yr refinance, https://bookmarksusa.com/story14320668/top-guidelines-of-foreclosure-house-buyer

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