Question
Rules of the internal revenue service concerning the deductibility of points on a mortgage DO NOT include, A for a buyer to deduct points the
Rules of the internal revenue service concerning the deductibility of points on a mortgage DO NOT include,
A for a buyer to deduct points the seller paid to reduce his cost basis
B Points paid to refinance the property to be fully deductible in the year paid
C points paid by the seller to be considered a selling expense
D points to be deductible as interest to be paid directly to a lender
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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