Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 16, 2022 10:13:30 PM

Is a home loan refinance treated the same as a new purchase?

I bought my home in '05 but refinanced the loan in '08.
For tax purposes would the purchase date be in '08 or '05? Not sure if the refi is considered basically the new purchase date.

0 1 159
1 Replies
Level 15
Apr 16, 2022 10:40:42 PM

Not the same as a new buy. purchase date is

2005.   If it were 08 who was the previous owner?