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Investors & landlords
When I entered it as a refinance, it asked me all the questions about the different loan expenses.
It shows up in Assets and I do see it depreciating/amortizing. It shows up in Form 4562, Part VI "Amortization" (code section 163) and its amortizing over 30 years (length of the loan).
For $2650 in loan fees, it is having giving $7 for this year (bought the property in December 2020)
Is this the right place?
May 16, 2021
6:44 PM