ReFi of Rental


L

LLTS

My client refinanced his rental twice during 2006. I'm
thinking that all of the points from the first refi can be
written off in 2006. Unsure how to handle other associated
costs such as appraisal, documentation stamps application
fees. I'm thinking all of those connected with the first
refi can be expensed and those associated with the second
refi would increase basis. Any opinions? Thanks
 
Last edited by a moderator:
Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

USA Cash Out Refi Interest Deduction 0
Deduct refi fees on sale of rental 6
USA Residential Rental Property 0
Mortgage Refi 1
When to Refi? 2
USA Client Rental Property Situation 3
USA Depreciation for vehicle rental company 1
Refi proceeds taxable?? 0

Top