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Closing on Mortgage by Dec. 31 Could Earn Big Deductions

Closing on Mortgage by Dec. 31 Could Earn Big Deductions

This is a discussion on Closing on Mortgage by Dec. 31 Could Earn Big Deductions within the Mortgage Calculator forums, part of the Mortgage and Loans Forum category; Although most expenses connected with buying a home are not deductible, there’s a big exception when it comes to points ...

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12-07-2008, 12:24 PM

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Closing on Mortgage by Dec. 31 Could Earn Big Deductions ...

Although most expenses connected with buying a home are not deductible, there’s a big exception when it comes to points paid to get a bmortgage/b. Each point is 1 percent of the bmortgage/b amount. So if you pay two points on a $200000 b.../b

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