Investors & landlords

I entered the points paid as a Depreciable / amortizing asset under my rental building.

That is correct for an investment (rental) property mortgage. However, make sure you "amortized" them and did not "depreciate" them.

If you didn't get the below screen and select "Code Section: 163 Loan Fees", then you are not amortizing the cost. You are incorrectly depreciating it.