Fees To Refinace A Business Loan

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • tonia2021
    Senior Member
    • Mar 2007
    • 119
    #1

    Fees To Refinace A Business Loan

    Does a taxpayer have to amortize loan fees paid to refinance business loans? Or can they be deducted when paid?

    Thanks for your help!
    Tags: None
    • veritas
      Senior Member
      • Dec 2005
      • 3290
      #2
      yes

      ............

        Comment

        • ChEAr$
          Senior Member
          • Dec 2005
          • 3872
          #3
          To expand

          what veritas must have meant, yes, you must amortize same.

          "In vino veritas"

          Or is it "In veritas vino" ??
          ChEAr$,
          Harlan Lunsford, EA n LA

            Comment

            • veritas
              Senior Member
              • Dec 2005
              • 3290
              #4
              Yes

              I meant to say amortize.



              In wine is truth

                Comment

                Previous template Next

                Disclaimer

                Collapse

                This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

                Working...