Refinance

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  • Unregistered
    #1

    Refinance

    I think closing cost on refinanace of personal home is not deductable but added to cost. No points.

    Please confirm.

    Thanks!
    Tags: None
    • Unregistered
      #2
      It increases the basis. That's it.

        Comment

        • jainen
          Banned
          • Jul 2005
          • 2215
          #3
          in most cases

          >>It increases the basis. That's it<<

          Doesn't even do that in most cases.

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