Question

 Are refinancing costs tax deductible?

Answer Some refinancing costs are tax deductible while others are not. Any discount points paid on a mortgage debt can be deducted from a borrower's taxes. Additional fees that can be deducted include pre... Read More »
http://www.answerbag.com/q_view/2049833

Top Q&A For: Are refinancing costs tax deductible

How to Deduct Refinancing Costs?

Refinancing a mortgage can save you money by locking in a lower interest rate so you will save money on your monthly mortgage payments. In addition, the costs you pay for discount points can save y... Read More »
http://www.ehow.com/how_6819668_deduct-refinancing-costs.html

Tips on Refinancing With Low Closing Costs?

According to the Federal Reserve, the average home mortgage refinance costs a borrower between 3 and 6 percent of the loan amount. This can add up quickly and eat up precious home equity, if the cl... Read More »
http://www.ehow.com/list_6455135_tips-refinancing-low-closing-costs.html

Is refinancing a house tax deductible?

You can deduct the cost of discount points paid on a mortgage refinance over the life of the refinance. For example, if you pay $3,300 in points on a refinance that will take 10 years to repay, you... Read More »
http://www.answerbag.com/q_view/2227090

Are Home Refinancing Fees Deductible?

When you refinance your home you normally have to pay refinance fees to cover the cost of processing the loan and pay fees to secure a low rate. The Internal Revenue Service does allow you to deduc... Read More »
http://www.ehow.com/info_8501451_home-refinancing-fees-deductible.html


feedback
loading