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Merlo, Accountant
Category: Tax
Satisfied Customers: 9783
Experience:  25+ years tax consulting. Specializing in returns for US citizens living abroad
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We refinanced what part of the costs are tax deductable If

Resolved Question:

We refinanced what part of the costs are tax deductable? If any?
Submitted: 7 years ago.
Category: Tax
Expert:  Merlo replied 7 years ago.

Hello adventurer,


The only costs which you may deduct as part of your refinancing costs would be any points you may have paid to buy down your mortgage rate.


The costs of appraisals, lender fees and other fees associated with refinancing a mortgage would not be deductible.


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Thank you adventurer



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