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| Michelle Kapp wrote: - quote - > Two fees not sure what to do with:
But the real reason not deductible, is that the "fee" is to> 1- "Loan Modification Fee" paid at refinance closing. > 2- "Broker Fee" paid at closing in connection with the loan. > Doesn't appear either are fees paid for the use of the > funds, thus not deductible as points. the same lender, also it isn't considered in lieu of interest. cheer$, Harlan LUnsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| Two fees not sure what to do with: 1- "Loan Modification Fee" paid at refinance closing. 2- "Broker Fee" paid at closing in connection with the loan. Doesn't appear either are fees paid for the use of the funds, thus not deductible as points. Thank, Pete << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| fees, mortgage |
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