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    Borrower's settlement statement

    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???

    #2
    Originally posted by AuroraSchneider View Post
    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
    Believe nothing you have not personally researched and verified.

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