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firsttogether
New Member

I purchased a lot in 2017 on which I will start construction in 2018 to build a second home. Can I deduct the origination fee and the interest paid on the lot loan?

 
1 Reply
DawnC0
Intuit Alumni

I purchased a lot in 2017 on which I will start construction in 2018 to build a second home. Can I deduct the origination fee and the interest paid on the lot loan?

Yes, please see ''Lots for Personal Construction'' in the answer below.  https://ttlc.intuit.com/replies/4914160

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