Carl
Level 15

Investors & landlords

In the assets/depreciation section. Select "Intangible Assets/Other and work it through. The life is the length of the loan - 15 or 30 years typically. Code section you'll select is 163:Financing Fees.

This will make those fees amortized (not capitalized) and deducted (not depreciated) over the life of the loan, as they should be.