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I have a client who refinanced a $1mil+ mortgage in 2020.
I have a client who refinanced a $1mil+ mortgage in 2020. The original mortgage pre-dates 12/15/2017. Is the refinanced debt subject to the $750k limitation? I remember reading that the $1mil limit wo… read more
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I'm looking to purchase a home but plan on withdrawing the money from my 401K. I don't want to take a loan but withdraw the money outright, pay the taxes on the withdrawal upfront but don't know how i… read more
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I have an opportunity to purchase a second home in a hot
I have an opportunity to purchase a second home in a hot real estate market. One option is to temporarily pull cash from my 401K in order to be a "cash-buyer" for the home. I realize that I would have… read more
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I refinanced my house in 2019 I incurred the following
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I recently refinanced my mortgage. I had previously refinanced
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I did a loan modification in 2009. Delinquent interest accrude
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Can I deduct my Loan Origination fee from when I refinanced?
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We are a 62 year old retired couple who are refinancing our
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I bought my home for $159,000 12 years ago. I have put ...
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I refinanced my home mortgage in 2007. What fees are tax ...
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I refinanced my house this year. Aside for mortgage interest and taxes, can I write off closing costs or prepayment penalties?… read more
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How much of the settlement costs for refinancing a house can
There were no points charged for the refinancing. There were other standard costs. I understand most settlement or closing costs are not deductable. Is that true?… read more
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Hi...I refinanced my apartment in December 06 and cashed out to mostly pay some CC remodeling debt and also do some final remodeling. I paid $3300 in loan origination fees. Can I deduct the complete a… read more
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