Claiming points on a rental property is much different than on a personal residence.You would need to enter points in your Schedule E Points in the same area of interview where you track the depreciation of your rental property, You need to go to the Asset/Depreciation topic and enter your loan fees. They are categorized by the IRS as an "Amortizable Intangible". You will enter code section 163: Loan Fees as the method to amortize these expenses. Usually these are amortized over the life of the loan.
Please review this Turbo Tax document for further details on reporting points.
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