Investors & landlords

@npierson7 

seems Turbotax provides conflicting answers.  and even the link to the Turbotax thread provides confusing info by saying in one place its an expense and another they need to be amortized over the life of the mortgage.

https://ttlc.intuit.com/community/credits-and-deductions/help/what-can-i-deduct-when-refinancing-ren... 

 

 

my opinion - any unamortized costs for the origination of the previous loan can be expensed.  the origination costs for the refi on the rental property must be amortized over the life of the mortgage.