- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
One Time Close Construction Loan
I closed on a one-time close construction loan for a new personal residence in late November 2024 paying $8000 in points at closing. There were no other draws or interest in 2024. I understand that the $8000 is fully deductible in 2024 but don't know how to get TurboTax to recognize that (it significantly limits it). Any suggestions?
‎April 11, 2025
1:14 PM