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Loan Discount Points Tax Deductible

Deducting Mortgage Points on Your Tax ReturnWhich Loan Origination Fees Are Tax Deductible? | … – To obtain a mortgage of any size, you must typically pay loan origination fees. These fees can be quite expensive, especially if you pay points to lower your interest …

The Mortgage Points Tax Deduction | Bankrate.com – The loan is secured by your main home, the house you live in most of the time. Paying points is an established business practice in your area. The points are …

Loan Origination Fee. This is the fee a lender charges to process the loan paperwork and is typically 1 percent of the loan. This is not a tax deductible expense.

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