These fees are amortized over the life of the loan. Although it doesn't seem logical, refinance fees and mortgage points are also entered in the Assets/Depreciation section. The IRS considers these amortizable intangibles and accounting rules dictate that those are to be depreciated instead of deducted as an expense. The number of months to use if the number of months for the loan repayment.
Because they are a duplication of the fees paid on an original mortgage, this provides a way to expense them similarly, but in a different process (amortization vs depreciation).
@lichg97
[Edited: 03/14/2022 | 7:42a PST]
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