TF31
New Member

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?