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How do I expense the remaining amortization of loan fees (points) on a rental property (Schedule E)?
I satisfied the mortgage on a rental property that I sold in 2016. The loan fees (points) were being amortized over the life of the loan. Where on schedule E would I deduct the remaining amortization? What custom description, if applicable, would I use?
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‎June 1, 2019
1:42 AM