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Old 01-28-2004, 10:15 PM
GenFinSvcs
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Default Re: yearly fee on home equity loan. Deductible?

- quote -

> Sorry if the question has been answered before:
> BankOne charges me $50/year as a fee in addition to the
> interest on my home equity loan. Is this fee deductible as
> points or some other way?


In my opinion this does not qualify as interest and would
not be deductible.

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Old 01-25-2004, 05:23 AM
Han
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Default yearly fee on home equity loan. Deductible?

Sorry if the question has been answered before:
BankOne charges me $50/year as a fee in addition to the
interest on my home equity loan. Is this fee deductible as
points or some other way?

--
Best regards
Han
(sorry, email address is invalid)

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deductible, equity, fee, home, loan, yearly
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