gerald2024
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Yes that makes sense! So can the buydown be deducted as prepaid interest (even though it was not included on the 1098), or not at all because it's not considere...
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Thank you for this insight! Do you know if a temporary buydown is considered points? It was used to reduce our interest rate 1% for one year, and all of it was ...
Activity Feed for gerald2024
- Cheered Re: Are lender-paid temporary buydowns deductible? for AmyC. March 19, 2025 7:55 PM
- Posted Re: Are lender-paid temporary buydowns deductible? on Get your taxes done using TurboTax. March 19, 2025 6:50 PM
- Tagged Re: Are lender-paid temporary buydowns deductible? on Get your taxes done using TurboTax. March 19, 2025 6:50 PM
- Posted Re: Are lender-paid temporary buydowns deductible? on Get your taxes done using TurboTax. March 19, 2025 6:30 PM
- Tagged Re: Are lender-paid temporary buydowns deductible? on Get your taxes done using TurboTax. March 19, 2025 6:30 PM
- Posted Are lender-paid temporary buydowns deductible? on Get your taxes done using TurboTax. March 19, 2025 2:53 PM
- Tagged Are lender-paid temporary buydowns deductible? on Get your taxes done using TurboTax. March 19, 2025 2:53 PM