My understanding (not sure I have a basis for it) is that when I refi a refi (which entails closing out the original refi to a zero balance with that lender), that I don't continue to depreciate those costs, simply take them all in that year.
From your response, that would seem to be inaccurate. Is that so? Or do I simply let Turbotax ask me the questions and follow from there?
To clarify, these are complete refi's, not additional mortgages.
Thanks,
Adam
