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Detailed Notes on loan points

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Taxpayers can only deduct the total price of loan points on the acquisition of the property. If a borrower pays loan points to purchase down the speed on a refinance, the deduction is distribute out more than the life of the loan. If a borrower arranges a 20-12 months refinance, https://altbookmark.com/story15477112/how-much-you-need-to-expect-you-ll-pay-for-a-good-loan-points

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