When you took out a mortgage to buy your home, did you pay points? You may be able to deduct that prepaid interest on your federal tax return — but only if you meet a long list of rules.
Are Mortgage Points Tax Deductible?
November 18, 2014
Luxury Real Estate
When you took out a mortgage to buy your home, did you pay points? You may be able to deduct that prepaid interest on your federal tax return — but only if you meet a long list of rules.
Linda Formella
Broker Associate
REALTOR
2011 REALTOR of the Year
Manatee Assoc. of REALTORS
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