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An Unbiased View of loan points

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Taxpayers can only deduct the entire cost of loan points on the acquisition of a house. If a borrower pays loan points to obtain down the rate on a refinance, the deduction is spread out in excess of the life of the loan. If a borrower arranges a twenty-yr refinance, https://bookmarkja.com/story15396094/the-loan-points-diaries

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