Tex’s credit union has provided him with financing to acquire his $ 200,000 home. The loan is set up as a three-year note with a balloon payment, but the credit union always renews the loan for another three years at the current interest rate. This year, the credit union renewed Tex’s loan for the third time, charging $ 3,000 in points. In what year(s) can Tex deduct this $ 3,000?