Thanks for the response. I have one additional question. The construction loan is construction to perm, however, we currently have a house which we will be putting on the market and hopefully sell by the time the new house is completed. The proceeds from the current house will be used to pay off the construction to perm loan if the market stays as is. Therefore, we would not have a mortgage over the 25 years, as in your example. So, if we payoff the loan in 2022, can we take the Origination Fee full amount in 2022 taxes since that would be the life of the loan?
