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Investment property closed before first payment
I purchased an investment property that closed on 12/31/20, but the first payment wasn't due until 2/1/21. I paid a number of closing costs, including points, insurance up-front, appraisal.
How do I deduct these fees on my 2020 taxes if the loan didn't start until 2021?
Also, I have TT Deluxe Mac Version, I see no way of entering investment property details.
Can anyone help?
ā€ˇFebruary 19, 2021
1:24 AM