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Deductions & credits
@JJFHydraulic I edited my answer above to include Pub 530. Yes, you are correct that you would be able to deduct the portion of the real-estate taxes that were paid by the seller which related for the period of time you (the buyer) owned the home.
For your second question, the IRS allows buyers to deduct mortgage points even if the sellers paid them.
For your second question, the IRS allows buyers to deduct mortgage points even if the sellers paid them.
‎June 5, 2019
10:32 PM