Announcement

Collapse
No announcement yet.

Third Party Mortgage Fee Paid on HUD

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Third Party Mortgage Fee Paid on HUD

    Client refinance and since there is no seller, this appears on HUD which my client paid when they refinance. Tax deductible on schedule A and if so where?

    #2
    Mortgage fee or mortgage insurance premium? Fees would be added to basis.

    Comment


      #3
      Taking directly from HUD word for word

      Third Party Mortgage Fee Paid

      Comment


        #4
        Then I would say not deductible. Sounds like an underwriting fee for mortgage lender who then sells mtge to a third party. If they cannot tell you exactly then no deduct.

        Comment

        Working...
        X