Borrower's settlement statement

[AuroraSchneider]

Are the refinancing expenses like appraisal fee, escrow fees, etc. considered expenses to the borrower on the tax year the refinancing occurred on Schedule E???

[taxea]

Are the refinancing expenses like appraisal fee, escrow fees, etc. considered expenses to the borrower on the tax year the refinancing occurred on Schedule E???

No they are added to basis