Is this for a rental property being reported on SCH E? If so, it gets entered in the Assets/Depreciation section if it's not already there.
- On the Your Property Assets screen, Click the Add An Asset button
- Select Intangibles/Other Property and continue
- Select Amortizable Intangibles and continue.
- Call it something like Refi Fees, enter the amount, the closing date of the loan and continue
- Select purchased new, select used 100% for business, enter the closing date again, and continue.
- Select 163:Loan Fees and continue.
- Enter the length of the loan. Typically 15 years or 30 years. Then continue.
- Review the details if you want, then click continue, and you're done.
