Are points paid on RE purchase deductible?
As I understand, property taxes and insurance paid through escrow on an investment property are tax deductible. I was just looking at the 1098 for a property I purchased this year. We paid about 15K in points for our interest rate. Is that 15K deductible as well? Thanks for the info!
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Jen Larsen
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Are points paid on RE purchase deductible?
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