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Question

Refinance fees incurred in 2016 for a property that actually refinanced in 2017.

Forum|Forum|7 years ago
June 4, 2019
1 reply
6 views

In 2016, I made a $600 payment toward refinancing an investment rental property that didn't actually refinance until 2017. How do I handle those fees?

TurboTax Deluxe Windows

A

Anonymous

Reported on your 2017 return. You will receive a closing statement when the loan is funded that will contain any information that is relevant to your 2017 tax return due in 2018.