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Not known Factual Statements About loan points

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Taxpayers can only deduct the complete cost of loan points on the acquisition of a assets. If a borrower pays loan points to purchase down the rate over a refinance, the deduction is spread out in excess of the life of the loan. If a borrower arranges a 20-yr refinance, https://socialwebnotes.com/story14449690/considerations-to-know-about-stop-foreclosure

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