HUD1 settlement statement may vary somewhat, but in general all of your refinancing expenses would be deductible for a property used in business or rental activities. Find the Total Settlement Charges on page 2, line 1400.
Deductible HUD1 expenses and the approximate line locations:
- Escrow Fees- 1102
- Notary Fees-1110
- Title Insurance-1101
- Legal Fees-1111
- Recording Fees-1201
- Transfer/Stamp Fees-1204-1205
- Documentary Fees-1109
- Property Surveys-800+
- Inspections Fees-1301+
- Other Fees-1301+
- Loan Origination Fee- 803 net (801 +/- 802)
- Loan Discount -802
- Appraisal -804
- Credit Report- 805
- Commissions-703
- Mortgage Insurance-902
[edited 4/4/16 7:38 PM PST]
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