Well, probably best to make no assumptions, but thank you for answering the acquisition debt question. That's one less complication to deal with, anyway.
For the deduction of the VA funding fee itself, 2018 Pub 936 was not updated when the Mortgage Insurance Duduction was extended retractively to 2018. However, 2019 IRS Pub 936 says "These fees can be deducted fully in 2019 if the mortgage insurance contract was issued in 2019." Plain reading of the paragraph would seem to indicate that "These fees" refers to "The [VA] funding fee and [RHS] guarantee fee" (from the previous sentence), which "can either be included in the amount of the loan or paid in full at the time of closing." However, most google searches on the question claim that if the fee is added to the loan, then the deduction must be spread out over the life of the loan as it is with monthly mortgage insurance premiums.
Do you have any insight on which it should be?
Rebeccah
