Can I Deduct Appraisal Fee for my Investment Property? If so, does I have to amortized over the life of the loan?

Hello All,

 

Can I Deduct an Appraisal Fee for an "Investment Property"? If so, does it have to be amortized over the life of the loan (30-yrs) or can I take the full deduction in the year it was paid?

 

Thank You!