About MoreDisgusted

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Solved Re: Refinance loan with points, used to renovate immediately sold to...

You are only partially correct. According to IRS publication 936, generally the points on a refinance must be amortized. If the loan is sold you keep amortizing...

MoreDisgusted

Updated Apr 28, 2020
Solved Re: Refinance loan with points, used to renovate immediately sold to...

Also ttax would only take the points for the refill loan as a new loan. I tried repeatedly to do so.

MoreDisgusted

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Updated Apr 28, 2020
Solved Re: Refinance loan with points, used to renovate immediately sold to...

Turbotax did not give me the option of amortizing to the purchaser.

MoreDisgusted

Updated Apr 28, 2020

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Date Registered	‎April 25, 2020 9:47 PM
Date Last Visited	‎May 2, 2020 8:00 PM
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