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paulrolfes
New Member

I have been deducting pts on 2nd home mortgage for last 2 yrs. have paid off sig princ and will pay rest in '18. Can I accelerate pts deduction as I pay principle off?

 
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re2boys
Level 9

I have been deducting pts on 2nd home mortgage for last 2 yrs. have paid off sig princ and will pay rest in '18. Can I accelerate pts deduction as I pay principle off?

Nope.  But any remaining points not already deducted can be claimed in the year that the loan is paid in full.

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re2boys
Level 9

I have been deducting pts on 2nd home mortgage for last 2 yrs. have paid off sig princ and will pay rest in '18. Can I accelerate pts deduction as I pay principle off?

Nope.  But any remaining points not already deducted can be claimed in the year that the loan is paid in full.

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