Hello,
I understand that when refinancing the main home, you can't deduct the mortgage points bought all in the same year but throughout the whole life of the loan.
However, because half the unit is a 50/50 split investment/main home; When I refinanced, am I able to deduct/expense 50% of the mortgage points along with half the closing cost in the same year for the investment portion, or does that have to be spread among the new term of the loan too?
I know the only portion of the main home that cant be deducted is the additional cost that add to the basis like appraisal etc.
Thanks in Advance
