Hi RayW7,
I'm partially following you ... but let's focus on the last part of your reply regarding deducting $100/per for the next 30 years on a $3000 cost for a 30yr loan.
Say at year 10 you refinance. You've had taken $1000 in total deductions at that point ($100 x 10 years). We have $2000 left to deduct ($3000 - $1000) at that time. Can I deduct this remaining $2000 in whole in the year I re-finance and then start deducting the costs of the refinance in the same manner as the original costs?
