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Detailed Notes on loan points

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Taxpayers can only deduct the entire price of loan points on the purchase of a house. If a borrower pays loan points to buy down the speed on the refinance, the deduction is distribute out above the life of the loan. If a borrower arranges a 20-year refinance, they might https://gatherbookmarks.com/story14420177/the-loan-points-diaries

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