I purchased a second home where I used the builder's mortgage company. I paid a 1% discount point to buydown the interest rate which was approximately $4,000. I settled on May 8, 2020 and the mortgage company sold the loan to Wells Fargo on May 17, 2020 (9 days later). When I try to report the discount point in Turbotax, it asks me on whether I payed off the original loan with the builder or not. How do I report this?
