DianeW
Expert Alumni

Investors & landlords

There are many fees associated with a refinanced loan similar to an original loan as you can see from TurboTax.

Points/loan origination fees on the first or original mortgage would have been deducted in the year of purchase.  The same fees on a refinance must be amortized over the life of the loan (assuming no additional money was borrowed to improve the home).  However, the first refinance was for personal use (2011).  If you have any remaining deduction that you were amortizing you would enter the balance on itemized deductions under mortgage interest assuming it's not the same lender

If it was the same lender then you must continue to amortize the amount over the life of the new loan, still under the personal use rules.

The second refinance is directly attributable to the rental conversion.  All fees would be listed here as shown in the attachment (click to enlarge and view).  Any fees that were not allow as a deduction on the original purchase such as recording fees or transfer tax should be added to the cost basis of the house for entry in the asset section.