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Investors & landlords
Thanks for all the responses. Yes, refinancing was with a different lender; I will deduct unamortized loan cost of property A on 2021 return.
- Refinancing cost 20K will be allocated 35.71% to rental property A, 21.42% to rental property B, and 42.87% to rental property C and then amortzie over 30 years, life of new loan, right? See my % in my question #1 of my original post.
March 10, 2022
7:34 AM