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Can you write off your mortgage if you have refinanced your home more than twice?

 
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MinhT
Expert Alumni

Can you write off your mortgage if you have refinanced your home more than twice?

There is no limit to the number of times you can refinance your mortgage.

Mortgage interest is deductible as an itemized deduction. On a refinance, mortgage points cannot be deducted in full but must be amortized over the life of the loan.

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1 Reply
MinhT
Expert Alumni

Can you write off your mortgage if you have refinanced your home more than twice?

There is no limit to the number of times you can refinance your mortgage.

Mortgage interest is deductible as an itemized deduction. On a refinance, mortgage points cannot be deducted in full but must be amortized over the life of the loan.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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